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Sep 8, 2021 6:21 PM UTC
Solved

If I am buying materials to produce products what expense category would this come under?

Hi! 

Not sure if this is the right place to post this.
But I am wondering If I am buying materials to produce garments what expense category would this come under?
I have been putting it under Inventory but wanted to check if this was correct?
Thank you! :womanhappy:

Tash_BewitchingBookkeeping
Sep 9, 2021 8:23 AM UTC

Morning, 

 

I would personally class it as Cost of Sales.  

 

Natasha :-)

1 reply

Tash_BewitchingBookkeeping
Sep 9, 2021 8:23 AM UTC

Morning, 

 

I would personally class it as Cost of Sales.  

 

Natasha :-)