Does products and services go to the income account or cost of goods

Hello userdraytonworks!

I can assist you with the technical aspects of setting up items and assigning income or expense accounts. However, I am unable to provide guidance on the accounting side of your items, such as determining which income or expense accounts to use. In general, you will need to choose an Income account and an Expense account if you purchase items from a supplier or subcontractor.

For detailed guidance on the accounting aspects of your products and services, I recommend consulting an accounting professional or a bookkeeper. They have the necessary expertise to explain and guide you through the accounting aspects of your business.
 

Please don't hesitate to go back to this thread if you need more help. Take care and have a good one.