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April 3, 2024
Question

Sub-Accounts for shipping for each supplier in COGS?

  • April 3, 2024
  • 1 reply
  • 0 views

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
April 14, 2024

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