Professional Services
Direct Staff Cost Allocated to Engagement
Allocating a consultant's salary cost to a specific client project based on time recorded on the timesheet.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Engagement Direct Labor Cost (COGS) | Expense (+) | 3,500.00 | - |
| Salaries Payable (Allocated) | Liability (−) | - | 3,500.00 |
💡 Accountant's Note
Professional services cost of revenue is primarily staff time. Time recorded against a billable project code is the direct cost matched to that engagement's revenue. The remaining unallocated salary is overhead.
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