The Blog

How to Move Payroll Costs to Cost of Goods Sold (COGS)

Aug 25, 2023
 

By default, QBO will categorize all your payroll costs as Expenses. But what about the labor that we sell to our customers? We should be accounting for that as Cost of Goods Sold. Check out my super quick trick to move a portion of monthly payroll costs from Expenses to COGS

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