nav[aria-label="Primary Navigation"] { padding: 0; & ul { list-style: none; width: 100%; display: flex; flex-direction: row; justify-content: start; align-items: start; gap: 30px; padding: 0; & li { margin: 0; } & ul li { list-style: none; } } }

Cost of sales for service sales

Hi,

Can I please get help on how best to capture COGS for a service sale/business?

Thanks

Find more posts tagged with

Accepted answers

@SHC_0 @Earl_HD

COGS is predominantly used for a Product Business.

Use a Ledger Account beginning with 5.

Use as much detail in the Account Name as possible.

Duncan

All comments

@SHC_0 @Earl_HD

COGS is predominantly used for a Product Business.

Use a Ledger Account beginning with 5.

Use as much detail in the Account Name as possible.

Duncan

Hi @SHC_0,

Thanks for your post, and welcome to the Community Forum!

My apologies for the late response. I would recommend on visiting this helpful article that will give you more information about: Cost of goods sold (COGS)

Feel free to post again, we're happy to help!
Regards,
Earl

Quick Links