In bookkeeping, no, but in looking for opportunities for efficiencies, it's pretty relevant. Say, you've got a single employee on a $60k salary moving goods wo

In bookkeeping, no, but in looking for opportunities for efficiencies, it's pretty relevant. Say, you've got a single employee on a $60k salary moving goods worth $10mm, but at a razor thin margin, so your profit on the goods is $100k, and your net profit is $40k. If you want to increase your net profit, it would probably be easier and yield a bigger return to see if you can do something about your $9.9mm product expense than your $60k salary expense.