COGS vs. Expense
Elementary, I'm sure - if I am a company that provides a service only, is there ever a reason for an expense to go under a COGS entry or is everything an expense?
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10/07/09 5:46am PDT
Viewed by asker 10/07/09 5:46am PDT
Viewed by asker 10/07/09 5:46am PDT
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Michelle Long CPA
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10/31/09 1:08pm PDT
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It depends. Some contractors or large service companies put the direct labor costs and job materials to COGS.
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