Profit and Loss Statement
I feel like I'm missing something very simple.
I'm a very small online ecommerce company - maybe 200 transactions per month, mostly sales. The rest would be advertising (Google Ads), Shipping (a 3PL company) etc.
Both Google and Shipping company bill be after the month. So I get billed for January shipping and advertising in February.
If I do profit and loss statement for January, all the sales would be made in January, but the shipping and advertising costs would be those covering the month of Deem
