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How do I account for costs for print on demand products in my online store. I do not hold inventory. If I understand correctly, COGS are only for inventory expenses
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True, COGS is related to the cost of inventory items sold when you file taxes.
In the chart of accounts, new account there is a COGS type account called Cost of Sales (COS) use that for your print on demand costs
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Ok, that makes sense. Do I post all costs there, like shipping costs the print on demand company charges along with the product expense?