Cost of goods sold

Cost of goods sold

Not every business has a cost of goods sold
As an example, a software engineer sells hours of services and does not have a cost of goods sold.
Thu, 21 Oct, 2021 at 10:38 AM
Companies that resell products have COGS
We support accounting for theses COGS. And we support eCommerce COGS with our engineering. 
Thu, 21 Oct, 2021 at 10:46 AM
Manufacturing companies
We do not support accounting for manufacturing companies. This is due to the complex supply chain requirements.  We do support inventory accounting. 
Thu, 21 Oct, 2021 at 10:50 AM
SaaS companies and COGS
In our accounting for subscription software companies we calculate: Software support costs Computer infrastructure costs Cost of any third-party soft...
Thu, 21 Oct, 2021 at 11:05 AM
eCommerce companies and COGO
We support COGS for eCommerce companies. We do this after the month ends.  We post ledger entries for payout dates: Product sales Inventory Disco...
Thu, 21 Oct, 2021 at 11:00 AM