Income Stmt, COGS & Expenses
How can I set up the Income Statement to show COGS, and subtotal and then overhead expenses? Labor
should also be split billable and non-billable.
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11/03/09 2:34pm PST
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SteveBradley
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11/07/09 10:06am PST
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Set up COGS and Labor as COGS accounts. Then set up individual accounts (ie. billable, nonbillable, parts, etc.) as sub accounts under their corresponding Account (COGS or Labor).
