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Income Stmt, COGS & Expenses
11/3/09 2:34 PM
Total Views: 27
Total Views: 27
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.
All Replies: Answers (1)
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Answer
11/7/09 10:06 AM
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).
