Hi, everyone. We buy computers, monitors and other electronics at distributer prices and then charge retail. We do not keep them as inventory, just as we need them for specific jobs. Would I categorize those purchases at COGS or expenses?
Is there a report to run that shows income from these transactions?
No, they are not COGS, they are COS, Cost of Sales. In the chart of accounts create a new COGS type account and select the COS detail type and use that for purchases that are not stocked but are resold.
If you mean income from a sale, about all there you can do is run a customer P&L, sometimes that works
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