cancel
Showing results for 
Search instead for 
Did you mean: 
llfailor
Level 1

Categorizing purchased and sold

My company buys and builds LED lighting for the entertainment industry. A lot of the time when ordered, I purchase the product and build the order. I do not charge extra for the product itself....is the product  categorized as COGS? 

1 Comment
asha_kanta_sharma
Level 6

Categorizing purchased and sold

Yes..this will be COGS regardless of whether you are keeping a margin or selling at cost. 

Sign in for the best experience
Ask questions, get answers, and join our large community of QuickBooks users.
Sign In / Sign Up

Need to get in touch?

Contact us