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wildboy
Level 1

If I am buying materials to produce products what expense category would this come under?

Hi! 

Not sure if this is the right place to post this.
But I am wondering If I am buying materials to produce garments what expense category would this come under?
I have been putting it under Inventory but wanted to check if this was correct?
Thank you! Woman Happy

Solved
Best answer September 09, 2021

Accepted Solutions
Tash_BewitchingBookkeeping
Community Champion

If I am buying materials to produce products what expense category would this come under?

Morning, 

 

I would personally class it as Cost of Sales.  

 

Natasha :-)

View solution in original post

1 REPLY 1
Tash_BewitchingBookkeeping
Community Champion

If I am buying materials to produce products what expense category would this come under?

Morning, 

 

I would personally class it as Cost of Sales.  

 

Natasha :-)

View solution in original post

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