--00000000000066423c05fe2b8aac Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Tim. Correct. Wages has increased due to the termed employees. I=E2=80= =99m glad you mentioned that because on the payroll register, it shows up as salaries and wages for the =E2=80=9Cin lieu=E2=80=9D. Do you typically break that ou= t and if so do you know where? If not I can find a previous period to see where we coded it. We=E2=80=99ll also add an accrual for the holiday. Thanks. On Thu, Jun 15, 2023 at 10:01 AM Timothy Thomas wrote: > In addition, I noticed the office comp went up. Is that because of the > severance paid to the HCL team? If so, should that not fall into its own = GL > account? > > Thanks > > On Thu, Jun 15, 2023 at 10:00=E2=80=AFAM Timothy Thomas w= rote: > >> Hi Daniel, >> >> I don't see holiday wages in May. There was a statutory holiday for >> Victoria day on May 22nd. Has that been accrued correctly? Otherwise, we= 're >> being very mindful of margin on new cases with a goal of achieving 50% G= P. >> As new cases come in and old cases filter out, our margin should continu= e >> to improve over time. >> >> Hope this helps. >> >> On Wed, Jun 14, 2023 at 4:59=E2=80=AFPM wrot= e: >> >>> Hi Tim. Here=E2=80=99s the prelim P&L for Toronto. Can you look at th= e margins >>> in particular? Revenue went up but COGs went down. I understand there= was >>> a rate increase, and was wondering if the increase was substantial enou= gh >>> to explain the jump in margins. Also, COGs should have been $14.8k low= er >>> in April, and $17k higher in May. Doesn=E2=80=99t change the amount fo= r the year. >>> That=E2=80=99s been adjusted in the attachment. >>> >>> >>> >>> Also, feel free to let us know if you have any other questions. >>> >> >> >> -- >> Tim Thomas >> Head of Canada Division >> *Please note my email has changed:* >> tt@TheKey.com >> (514) 591-9387 >> TheKey.ca >> [image: TheKey] >> > > > -- > Tim Thomas > Head of Canada Division > *Please note my email has changed:* > tt@TheKey.com > (514) 591-9387 > TheKey.ca > [image: TheKey] > --00000000000066423c05fe2b8aac Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Tim. Correct. Wages has increased due to the termed em= ployees. I=E2=80=99m glad you mentioned that because on the payroll registe= r, it shows up as salaries and wages for the =E2=80=9Cin lieu=E2=80=9D. Do = you typically break that out and if so do you know where?=C2=A0 If not I ca= n find a previous period to see where we coded it.=C2=A0 We=E2=80=99ll also add an accrual for the = holiday. Thanks.=C2=A0 On Thu, Jun 15, 2023 at 10:01 AM Timothy Thomas = < tt@thekey.com > wrote: = In addition, I noticed the = office comp went up. Is that because=C2=A0of the severance paid to the HCL = team? If so, should that not fall into its own GL account?=C2=A0 Thanks On Thu, Jun 15, 2023 at 10:00=E2=80=AFAM Timothy Thoma= s < tt@thekey.com &= gt; wrote: Hi Daniel,=C2=A0