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herm722
Level 1

Hello, I have a small construction company, I buy material, then get labor to complete remodels and such. Should I be using a cogs? Or just seperate expenses? Thanks!

 
1 Comment 1
Rustler
Level 15

Hello, I have a small construction company, I buy material, then get labor to complete remodels and such. Should I be using a cogs? Or just seperate expenses? Thanks!

No not COGS, when you file taxes COGS is used only for inventory sales

but

in the chart of accounts create a new COGS type, detail type Cost of Sales (COS) and use that

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