Level 1

Reports and accounting

The expenditures were not for inventory that will be sold.

 

I paid subcontractors a flat rate for their labor and filed a 1099-MISC for them.

 

The other was for tools I purchased.

 

As I understand it, these are still COGS but I must have miscategorized them.  My CPA is not a QB's expert so he wasn't sure how to set that up.  And since I keep my own books, I am unable to find a qualified bookkeeper to help with a one time thing.

 

Any ideas?  As I said, I would gladly post the P&L in a private communication, which may help