How to record incomming shipping costs on items/computer parts to resell and outgoing shipping costs to customers?
Hi all! I am new to QuickBooks online and I run an eBay store. I am wondering how exactly to record shipping costs to items shipped TO me and items shipped FROM me. Are shipping costs on items shipped to me considered COGS and items shipped from me to customers considered an expense? Any insight on this will be much appreciated, thank you all in advance!