COST OF GOOD SOLD WHAT ACCOUNT TYPE FOR COST OF GOODS SOLD

I'll share some insights regarding this, @anggeriktaj. 

We have a different term for the Cost of Goods Sold (COGS) account for our international versions. You can use the Cost of Sales (COS) in the Account Type drop-down list. 

Here's what it looks like: 

For more information, see the Cost of Labour sold section through this article: Learn Common Accounting Terms.

When choosing the appropriate Detail Type, I'd suggest consulting your accountant for this. This way, we can ensure your books are accurate. 

I recommend going back to the Chart of Accounts page to manage your accounts, including COS. From there, you can edit, hide, or delete them. 

In case you're tracking inventory, visit our guide to help you learn more about how the FIFO concept affects COS. 

Don't hesitate to leave a comment below if you need anything else. We're always here to help.