Hello all,
I would like to seek your advice on how to approach cost accounting in the IT staffing business.
This is a business where we procure a software engineer for 1,000,000 JPY and dispatch the engineer to a client for 1,500,000 JPY. The gross profit is 500,000 JPY.
In reality, if the engineer only worked an amount equivalent to 500,000 JPY, but we would still invoice 1,500,000 JPY.
In this case, is it correct that the accounting cost should be 1,000,000 JPY?
I look forward to your advice.
Nobuhara


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