Accounting for Passthrough Costs in Marketing Agencies: Best Practices Explained

In this video, Chris Hervochon, CPA, CVA, dives into the nuances of accounting for passthrough costs in marketing agencies. Passthrough costs, like media buys and subcontracted work, can create confusion when it comes to bookkeeping and financial reporting. Chris explains how to correctly account for these expenses to ensure your agency’s financials are accurate and your profit margins remain clear. Whether you're managing client projects or preparing financial statements, understanding these practices is crucial for maintaining transparency and profitability in your agency. Tune in to learn how to streamline your accounting processes and avoid common pitfalls with passthrough costs.

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