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Apr 3, 2024 1:35 PM UTC
Question

Sub-Accounts for shipping for each supplier in COGS?

Should I have sub-accounts under each of my wholesale suppliers for their shipping charges to us in COGS? I have about 15 suppliers. We are a small needlework shop. Thanks!

1 reply

BigRedConsulting
Apr 14, 2024 10:02 PM UTC

I wouldn't. Usually that kind of detail doesn't belong on your chart of accounts or P&L.