2 Steps to Uncover YOUR AMAZON PROFIT Margin + Your Costs of Selling on Amazon

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  • Опубликовано: 26 авг 2024

Комментарии • 182

  • @DanRodgers
    @DanRodgers  3 года назад +17

    From my brother and I, we just want to say thank you to all of you who have subscribed! You guys are the best 😁
    NOTE: Amazon just re-set the payment cycle for some sellers (week of October 19 2020) so for 2 weeks the transfer amount may be a bit odd, after that all will be normal again.

    • @minimumtasvik
      @minimumtasvik 3 года назад

      Would you design a course, which is covered step by step all things? Beginner to Professional, not as education, but as tips.

    • @minimumtasvik
      @minimumtasvik 3 года назад

      By the way, you are the best Amazon channel on youtube I have ever seen, so upload more videos, we are waiting.

    • @matthew_kiely
      @matthew_kiely 3 года назад

      Even though you won't be cheering for the All Blacks (unless they are playing the Wannabe's ;-) I subscribed.

    • @DanRodgers
      @DanRodgers  3 года назад +1

      @@matthew_kiely thank you Matthew! Loooool!

    • @DanRodgers
      @DanRodgers  3 года назад

      @@minimumtasvik hey Hakan! I'm not planning a paid product currently but this is a solid idea for the channel, like multiple tips videos in order from beginning to end, maybe it's own playlist, I will think on this

  • @isilkoca9818
    @isilkoca9818 Год назад +1

    Hi Dan ı love your excitement and eager to teach us...thank you foa all.....😊👏👏

  • @Napakhanom
    @Napakhanom 3 месяца назад

    Thank you very much - this video is super helpful. I would love to see this kind of video again; management for business backends, not so many people are teaching this. Thank you!

  • @plmintexas509
    @plmintexas509 3 года назад +2

    Great video Dan, thanks. For smaller sellers, when looking at the statements, it helps to click on "transaction view". This will show you all charges in red numbers, even the smallest ones like storage or removal fees, which can sometimes be overlooked in bookkeeping. Keep up the great vids and thanks.

    • @DanRodgers
      @DanRodgers  3 года назад

      Excellent advice PLM!! Someone actually asked this below

  • @dman6071
    @dman6071 3 года назад +1

    Would love to see info about trademark/copyright. What should/can you do if you get hit with a claim like that

    • @DanRodgers
      @DanRodgers  3 года назад

      D Man I actually just did a video on this! Check it out here: ruclips.net/video/wl9gdhzJLB4/видео.html

  • @shihgung7161
    @shihgung7161 2 года назад

    thank you for the video. It helps me a lot to understand the expenses for my business. it is my first annual sales. not much of profit after all.

  • @SereniityRnR
    @SereniityRnR 7 месяцев назад

    You cover all the important content you can't find anywhere else. Love it. Can we get an updated version of this video by chance? I noticed some things are different

  • @Mark0dte
    @Mark0dte 3 года назад +1

    Great video! I still watch this video frequently as it helps with my book keeping! Your videos are amazing!

  • @ismaeylk1
    @ismaeylk1 2 года назад

    This is vey informative. appreciated the way you are explaning the details. Thank you

  • @vasabhatck2
    @vasabhatck2 2 года назад

    Great Stuff Dan !! Keep it up !!

  • @shenenclaireflorido8616
    @shenenclaireflorido8616 3 года назад

    Hi Dan, I'm a Filipino. I just love how you explained everything well! Then I decided to subscribed and ring the bell button just now!! Thank you and more subscribers to come!

  • @sarasvathiayappan9559
    @sarasvathiayappan9559 3 года назад

    It's so easy to understand. Being a new seller and just launched my first product, you have answered all my questions. Really appreciate this informative great video. Thank you so much for all your effort.

  • @everready2903
    @everready2903 3 года назад

    Shipping Insurance & Inspections at export port were 2 costs I hadn't envisaged.

  • @rehanali9804
    @rehanali9804 2 года назад

    just subscribed you Dan .. what a lovely tutorial .. easy for beginners

  • @opower22783
    @opower22783 3 года назад

    This video is EXACTLY what I needed! Seriously, it helped me a great deal! Thanks Dan!!!

  • @falcons361
    @falcons361 2 года назад

    This is the best vedio ever..it helps me alot...

  • @Cjnchef
    @Cjnchef 3 года назад

    Really great info!! One of the beat Amazon info.

  • @m.gutierr7520
    @m.gutierr7520 3 года назад

    Hi!! I just found your channel!! I wish I could drink all your videos like water!! Haha there is so much to learn with you! Thanks!!

  • @haroonahsin2129
    @haroonahsin2129 2 года назад

    Simple and straightforward. Instantly subscribed

  • @RichHandsome
    @RichHandsome 3 года назад

    Oh I'm definitely saving this one...

  • @bmelika
    @bmelika 3 года назад

    Was just thinking of this topic..your a legend. You deserve all the best for all the hard work you put into your videos.

  • @marathonlovers1389
    @marathonlovers1389 3 года назад

    Hi Dan,
    Love the video!!!
    Can you make some videos about optimizing ppc and tacos ?

  • @Sonicbloxplays
    @Sonicbloxplays 2 года назад

    Thank you so much Dan!!

  • @PersonalY23
    @PersonalY23 2 года назад

    Great... Thank u so much for sharing

  • @massimomodaart6996
    @massimomodaart6996 2 года назад

    Hi Dan ,interesting video as always...there is this voice on Payment section " Account Level Reserve" ..the Total Balance go there 5/7 days before Amazon transfer it to the bank all the time,even if there aren't problems they list on help window...can you do in the future a video that dive in to deep in this voice that many of us don't understand?Thank you for all clear info you give us !!!

  • @thejonversationspodcast
    @thejonversationspodcast 2 года назад

    This was an amazing video very helpful

  • @Dre3dd
    @Dre3dd 3 года назад

    hey man, I'm interested to try FBA from Europe but I'm still learning, thanks for your videos, also I'm watching all the ads to support you :) cheers

    • @DanRodgers
      @DanRodgers  3 года назад

      I appreciate that Dre3dd! That's the only revenue stream for this rn :)

  • @ahtishamnazeer
    @ahtishamnazeer 3 года назад

    always fvr8, Big thumbs up Rodger

  • @ranaasad6887
    @ranaasad6887 3 года назад

    awesome video, never seen such a great video on reports before.

  • @brobinson8614
    @brobinson8614 3 года назад

    Great video. In response to your question about what content we would like to see, My suggestion is if you could do more of the practical screen time on how to use the Amazon interface i.e. actual step by step of entering each box, clicking save and continuing to the next page.
    As I recently paid for an hour coaching call to an Amazon wiz, for about 15 minutes things were going well, but because I didn’t have the ZIP Code for the address of the manufacturer we couldn’t save and continue to the next page. Meaning the call was completely wasted as we couldn’t get any further on in the FBA process. The guy filled in the time to help me on a few other small issues but they were easy enough to work out myself. What was upsetting was it wasn’t his fault or my fault. It’s just that Amazon has so many hurdles that I didn’t know where ahead. Meaning I didn’t know in advance FBA needed the address for the manufacture let alone the ZIP Code. These troubling little hurdles mean coaching calls are pointless because us (the seller) have no way of knowing what information to have prior because we don’t know what’s ahead of us. The coaching call person was nice enough about it but I really did not get my money‘s worth and afterwards felt quite gutted.
    The only time I felt good in the 2 and a 1/2 months I’ve been trying to launch a product has been just recently discovering your videos!!. As I’ve looked at a lot of other RUclips Amazon videos that helped only slightly.
    What’s good is I’ve seen that you do do on screen ‘step-by-step’ instructions, so more of that would be great!!. Especially if you can think of a hurdle that will come. Like what happened to me as I don’t know how to get back to the screen where I enter those manufacture details again. I also see that there’s going to be item size package size, box size and weight issues come up, yet my manufacture only just gave me that now (so I would’ve been stuffed in that coaching call anyway without that information). So if you could show us on screen videos on how to get back to the stage where you think we could have last been stuck at, so we can continue from, would be appreciated. (If that makes sense?) i.e. not just a step-by-step where everything is ready and goes well, more if things don’t go well (so step-by-step fixes)
    I felt like giving up so many times but I can’t because have a product in overseas I paid for and now waiting to be shipped.
    Thank you again for your help so far here on RUclips, you have been a life saver.
    I’ve been sharing your videos with friends interested
    Cheers

    • @DanRodgers
      @DanRodgers  3 года назад

      Great Details B! This is 100% true and one of the reasons I try be so detailed is because things often go wrong or go down some rabbit hole. I will 100% keep this in mind !!

    • @brobinson8614
      @brobinson8614 3 года назад

      @@DanRodgers Yes, yes! that’s the perfect description I what I was trying to get across but you worded it better, “things often go wrong or down some rabbit hole!!” 😂

  • @themarekshow
    @themarekshow 9 месяцев назад

    @danrodgers, you are entirely wrong with the part about how to calculate profit. You can't count on the transfers. The transfers do not refer to the 2 deposits that came in the same month.

  • @abdulsaboor8848
    @abdulsaboor8848 2 года назад

    Hi,
    Sir please make a video on the product ideas for Q4 with criteria, competition, and launching strategies.Thanks

  • @beautybeautykiss
    @beautybeautykiss 2 года назад

    Thank you very helpful 🤗

  • @miamiflorida6965
    @miamiflorida6965 2 года назад

    Hey Dan, EXCELLENT video! ❤❤❤❤
    Can you show us what reports to give to our accountant at the end of the year?
    Also, you explain things soooo easily!

  • @zivmiyo
    @zivmiyo 3 года назад

    hmm...
    You can just go to [Data Range Report] to select June/1st to June/30, or select the month you like. And you can generate summary or transactions.

    • @DanRodgers
      @DanRodgers  3 года назад +1

      For sure Yen! I have just done it this way for a long time so I'm used to it.

  • @riazali8179
    @riazali8179 3 года назад

    Love the way you teach thanks buddy

  • @AKH-cq1tq
    @AKH-cq1tq 3 года назад +1

    Awesome 👍👍 video 👌💪🙉. Good luck, very useful video's

  • @javidiqbal9717
    @javidiqbal9717 3 года назад

    Sir your videos are very useful and knowledgeable.
    Please make some videos about sale tax and income tax by the end of the month to pay.thanks

  • @larsbasta2191
    @larsbasta2191 3 года назад

    One of the best in the field! Love your content. It is so informative and easily explained. Keep it up!

  • @elaineallen6108
    @elaineallen6108 3 года назад

    Thanks Mighty Dan, Always enjoy the wealth of information you share!!! You light it up, I appreciate it!!!

    • @DanRodgers
      @DanRodgers  3 года назад

      Thank you Elaine, and thanks for all your comments and support lately, it means a lot, glad I can help!

  • @alimoradi8278
    @alimoradi8278 3 года назад

    thank you for your nice content

  • @rachnarajput8971
    @rachnarajput8971 3 года назад

    Thank you so much for this very informative video Dan! Really helpful for new sellers.

  • @zakariae2636
    @zakariae2636 3 года назад

    this is a very valuable video

  • @Tauqeer_Bhutto
    @Tauqeer_Bhutto 3 года назад

    Please make some videos on product research ideas

  • @footballover01
    @footballover01 3 года назад

    Awesome vid Dan! The sound effects are a bit distracting but I can deal with that. The one that came with the Lambo made me LOL.

    • @DanRodgers
      @DanRodgers  3 года назад +2

      footballover this is excellent feedback, we were considering toning them down actually, we will adjust on the next one 😁

  • @kevinyang1643
    @kevinyang1643 3 года назад

    thank you Dan for so hight quality videos . I wish to see you more videos on PPC definitely !

  • @TheRemikarlos
    @TheRemikarlos 3 года назад

    Great video Dan (and Dan's brother). I remember one of the first videos of you and Seth emphasising on this 33% rule, which led me to apply this approach to my product research. Thanks to you (both) for putting out this amazing content!

  • @puteracamaro
    @puteracamaro 3 года назад

    Awesome content as always Dan, you'll hit 10k in no time. The content I extremely appreciate from you is that you actually go through the Seller Central site and makes the video very interactive. So please keep that style up!
    Perhaps a video that talks about what you need to do from a sales tax standpoint as an FBA seller? Unless you already did so?

  • @ranihurd248
    @ranihurd248 3 года назад

    This was an awesome video -thanks! I got so much out of it. I would love more information on how to launch a ppc campaign effectively in a very competitive market .

  • @minimumtasvik
    @minimumtasvik 3 года назад +1

    Would you design a course, which is covered step by step all things? Beginner to Professional, not as education, but as tips.

    • @DanRodgers
      @DanRodgers  3 года назад

      Hey HAKAN, I am not planning any paid product currently but this could be a cool playlist for the channel, like tips from the beginning to end with multiple videos

  • @joannamielczarska3235
    @joannamielczarska3235 3 года назад

    Great channel, great subjects, great explanations and a Great Guy!! Thank You for all tips and beeing here for Us beginners!!

  • @rl6094
    @rl6094 3 года назад

    Hello Dan, great topic and great video. I would like to see a video about How to expand your brand from first product to many.. And also when would be the time to add another brand... and another account. Thanks!

  • @khadijatahira4699
    @khadijatahira4699 3 года назад

    Hi, it was helpful. Can you please guide related to Minus(-) Sign with the amount of total and others in transactions view. Why there is a minus sign with them.

  • @MultiplePassiveStreamsOfIncome
    @MultiplePassiveStreamsOfIncome 3 года назад +2

    Any advanced PPC info would be appreciated Dan. Thanks

    • @DanRodgers
      @DanRodgers  3 года назад

      MPSOI did you check out the recent PPC series I did? Part 1 and 2? If so, what other specifics? Thanks for the suggestion just want to outline exactly what you are looking for

    • @MultiplePassiveStreamsOfIncome
      @MultiplePassiveStreamsOfIncome 3 года назад

      @@DanRodgers Your PPC series is great! Just didn't know if you may have some advanced PPC hacks up your sleeve. Thanks for the content you deliver

    • @DanRodgers
      @DanRodgers  3 года назад +1

      @@MultiplePassiveStreamsOfIncome I can work on this for sure!

  • @ibrahimhamad9073
    @ibrahimhamad9073 3 года назад

    Well done, Dan

    • @DanRodgers
      @DanRodgers  3 года назад +1

      Ibrahim thank you sir, glad this helps!

  • @galtamari7524
    @galtamari7524 3 года назад

    Thank you for the value
    Can you make a video about indexing?

  • @guilhiamcernicchiaro5900
    @guilhiamcernicchiaro5900 3 года назад

    hello Dan thanks for the rich content

    • @DanRodgers
      @DanRodgers  3 года назад

      You got it Guilhiam, glad this helped you!! :)

  • @elizabethfacundo
    @elizabethfacundo Год назад

    THANK YOU!!!

  • @exoduspod40
    @exoduspod40 3 года назад

    Stand out, quality content as always.

  • @hennexyoshi8283
    @hennexyoshi8283 3 года назад

    Hi Dan, the thing no one explains is that Amazon bills you the FBA fees VAT exempt. The business has to pay VAT on that huge amount of money for the fba commission. The total profit will reduce a lot, please don’t homit this. Cheers

  • @lisarusso6746
    @lisarusso6746 3 года назад

    Very important topic Dan thank you,would love to se your opinion on positioning and pricing strategy from launch to final target price!Thank you, as a non english native I find the way you teach easy to understand,

    • @DanRodgers
      @DanRodgers  3 года назад

      Thank you Lisa! That is my goal!! Wonderful! Great suggestions, noting these now!

  • @andyfee2664
    @andyfee2664 3 года назад

    Dan another really great input. You really do know your stuff.

    • @DanRodgers
      @DanRodgers  3 года назад

      Thanks Andy, I try! Glad this helps you :)

  • @TT-bb3wi
    @TT-bb3wi 3 года назад

    BTW your videos are amazing.

  • @zoyanooruddin8657
    @zoyanooruddin8657 3 года назад +1

    Amazon keeps my money in the reserve, can I use this same formula but do income - expenses - COGS?

  • @jennycomia477
    @jennycomia477 3 года назад

    Subscribed!

  • @shawnantony3689
    @shawnantony3689 3 года назад

    Really helpfull Buddy.Keep On going up .Appreciated for your time given.

  • @wizardkhan82
    @wizardkhan82 3 года назад

    very informative and easy to understand Dan thumbs up to you :)

  • @MyLife-tz5do
    @MyLife-tz5do 3 года назад

    Great sir dan

  • @naveenashane
    @naveenashane 3 года назад

    Great video Dan!! Try to compose a video how to fix your price in Amazon Seller central. Thanks

  • @anjalijain7035
    @anjalijain7035 3 года назад

    Dear Dan,
    very helpful. Just want to understand these payment reports for India (amazon.in). There s another component "others" as an expense.

  • @raza.o6078
    @raza.o6078 3 года назад

    Thank you bro it helped

  • @edenamzfullpack208
    @edenamzfullpack208 3 года назад

    Hi Another question - how did I get in Business Report other results of total sales compared to the revenue that appears in this report

  • @amzpro3070
    @amzpro3070 2 года назад

    hi great video but from where can I download this daterange report template .... Can you provide that?

  • @shabsjohnson6801
    @shabsjohnson6801 3 года назад

    Hi Dan. Great video! I’ve found many ecommerce accountants (or their staff) are also Amazon sellers too. Any tips on how to protect your commercial interests when your advisor is potentially also a competitor?

  • @boddalost9708
    @boddalost9708 3 года назад

    Dan thanks for the great video, commenting for the algo

  • @jessicadaniels5782
    @jessicadaniels5782 2 месяца назад

    How can we see what the customers are buying? I.e. which color.

  • @Soughanunna
    @Soughanunna 3 года назад

    Hi Dan, your videos are always excellent! Thank you! One topic I would like to see as a USA seller is more on how to expand to other countries. There are many USA sellers so it would be great to do it from the perspective of a USA seller. Maybe you could do a special one for expanding from the USA to Europe. Then another from USA to Mexico and Canada. And another to Australia. I would like to know the complete picture including tax and compliance considerations.

    • @DanRodgers
      @DanRodgers  3 года назад

      Lee this is a golden suggestion, thank you! I will add this now as an idea!

  • @patati36
    @patati36 3 года назад

    Hi Dan, I love your videos! You ask for suggested subjects for some future videos, personally, I’d like you to speak about A + content but when you are already Brand Registry approved. To be more precise, what in my Amazon central account can I can get access to and how to get the most out of it,. I hope it makes sense to you. Keep on the good work! Patrick, from Montreal, Canada. 

    • @DanRodgers
      @DanRodgers  3 года назад

      Great idea! Thanks Patrick!!

  • @extendo7137
    @extendo7137 3 года назад +1

    5:29 That's some quick maths there

    • @DanRodgers
      @DanRodgers  3 года назад +1

      swaroop thank goodness it wasn't far off before editing :)

    • @extendo7137
      @extendo7137 3 года назад

      @@DanRodgers 🤣

    • @Wired1200
      @Wired1200 3 года назад

      😂

  • @nuizful
    @nuizful Год назад

    Hi, Dan. I want to know that can we see the revenue report by each product ?

  • @bubbachuck84
    @bubbachuck84 3 года назад

    Hi Dan,
    Thank you again for very helpful video. However, the computation of the Profit doesn't add up. Please see below. I think it's because of the Date Range Report.
    Total Product Sales 47,692.87
    Landed Product Cost -14,152.00
    All Amazon Fees -15,750.01
    PPC Spend -5,514.45
    Profit 13,727.79

    Actual Profit 12,276.41

  • @chrystallcasurao844
    @chrystallcasurao844 3 года назад

    And so I would like to ask if the report generated on the "Date Range Reports" shall matter and no need to dissect and merge 3-4 settlement period on the "All Statements" tab?

  • @abdolkhairkhwa1357
    @abdolkhairkhwa1357 Год назад

    Hello dear Dan thanks for the great videos you I did the same thing but my advertising cost Showed zero the cost, not including the invoices don’t know why? Can you please kindly let me know how should include the cost of advertising on this invoice I will appreciate it

  • @Randinator
    @Randinator 3 года назад +2

    Do you recommend hiring an accountant? If you have any experience with this, are accountants expensive?

    • @DanRodgers
      @DanRodgers  3 года назад +2

      Hey Randy, personally, yes I do. I like having them on board, you just need to find one familiar with Amazon. I use ecommerceaccountants.co.uk but they are based in UK. Ballpark $80 - $140 a month for regular book keeping. Mine are $130

  • @MultiplePassiveStreamsOfIncome
    @MultiplePassiveStreamsOfIncome 3 года назад

    Always good info Dan. Who is that guy at the 5:30 mark of the video? LMAO

    • @DanRodgers
      @DanRodgers  3 года назад

      Lol I will have to ask my brother, he has a thing for those LMAO

  • @Hamid8766
    @Hamid8766 3 года назад

    Dear Dan, First of all, I want to thank you for the success of your channel and the useful content you give us every time.
    How can we contact you personally and ask you questions about Amazon Business? Do you have an online course maybe?

    • @DanRodgers
      @DanRodgers  3 года назад +1

      H N thank you! I do not but I do help Just One Dime with their program if you want to check it out, I made a vid on it here: ruclips.net/video/iwYproECXSM/видео.html

    • @Hamid8766
      @Hamid8766 3 года назад

      @@DanRodgers Thank you Dan! People are discussing how to find a product to sell on Amazon but there is no information how to sell the product that you own! My uncle has the largest leather bag and shoe factory in the Middle East. I want to sell his products on Amazon. Can you guide me on what to consider?

  • @reiw9398
    @reiw9398 3 года назад

    Really great content Dan! If we are selling multiple products, how do i calculate the exact amazon profit margin for each individual product Dan?
    Thank you

  • @kellymurphy5993
    @kellymurphy5993 2 года назад

    Hi Dan, I am a new seller on Amazon, and I am having trouble finding a report that shows which items have sold and what is left at the Amazon Warehouses? Would you know which report would help and how to find it? Thank you!

  • @extendo7137
    @extendo7137 3 года назад

    Hey Dan can you make video on custom charge while shipping goods from China to Amazon FBA warehouse, ik this topic is on edge but still want to know what process goes..

  • @temwaintintru4158
    @temwaintintru4158 3 года назад

    Jhon ?

  • @Jusjokesfolk
    @Jusjokesfolk 3 года назад

    are the fees for storage in the 39.99 costs?

  • @mariabenjumea8403
    @mariabenjumea8403 3 года назад

    Hi Dan, to figure out my profit for 2020, since I am not getting a 1099 from Amazon, can I just print a customized summary report from Jan1 through Dec 31?

  • @Westrnby
    @Westrnby 3 года назад

    Hey Dan, wanted to know how you differentiate a product without touching it, you ask directly to the manufacturer, you hire a company in China or USA, or you hire someone else to add a package and combine products.
    Thanks for your help and your channel content,
    Cheers

    • @DanRodgers
      @DanRodgers  3 года назад +1

      Hey Westrnby! Plan your differentiation off of review research etc and then collab with the supplier/manufacturer to make it happen. Usually they are able to offer customizations and custom packaging, if intense, you will want to consider those capabilities as you vet suppliers. Overall, yes, directly with the manufacturer/supplier as much as possible

  • @TT-bb3wi
    @TT-bb3wi 3 года назад

    Hi Dan, I've watched a few of your profit calculation videos. Is Duty and Tariff fees part of Freightos shipping estimates? If not, how do we account for those fees in our calculations?

  • @temwaintintru4158
    @temwaintintru4158 3 года назад

    Are you there

  • @adrianconstantin5771
    @adrianconstantin5771 3 года назад

    I want a full walkthrough of the seller central and optimizing ppc in detail

    • @DanRodgers
      @DanRodgers  3 года назад +1

      Adrian, great idea on seller central, thank you! Added.
      On PPC, recently did this actually, check it out in the channel, there's PPC part 1 and PPC part 2 :)

  • @Wired1200
    @Wired1200 3 года назад

    Is there an extension that works out the storage fees for an oversized product?

  • @chiragsingh4284
    @chiragsingh4284 3 года назад

    Hey Dan you're awesome and thanks for all the information. My question is I launched a product and I have 7 5 reviews and 3.8 ratings in starting and now I'm stuck with 3.8 ratings how do I improve it but I'm not getting sales due to 3.8 stars. Please help me. Thanks.

    • @DanRodgers
      @DanRodgers  3 года назад

      Hey chirag! The short but hard answer is: You'll need to get more positive reviews.
      If a bad review is about the seller and not the product you can have it removed, this is rare but noteworthy so check them.
      Then work on boosting reviews, options could be:
      -Lower Price
      -Coupon Clippings/Codes
      -Review Services which do things the right way

  • @donpalmerrome4542
    @donpalmerrome4542 3 года назад

    The like that you can't resist 👏

  • @Peace-zh2bt
    @Peace-zh2bt 3 месяца назад +1

    Hold on here you said
    Sales - expense = Transfer please someone clarify
    Invome - expense is not equal to transfer ?!;*@#£

    • @josephw9690
      @josephw9690 2 месяца назад

      Wonder the same!! I looked at all YT videos on this topic and none of them explains how this transfer works because it never equals to income minus expenses