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SHC_0's avatar
SHC_0
Member
2 years ago
Solved

Cost of sales for service sales

Hi, Can I please get help on how best to capture COGS for a service sale/business? Thanks
  • DuncanS's avatar
    DuncanS
    4 months ago

    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

Earl_HD's avatar
Earl_HD
MYOB Moderator
2 years ago

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

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