Should contract labor be be under COGS for roofing company. All the labor is directly related to individual projects?

Tracking your individual projects is crucial to monitor your business profits and expenses properly. I'll provide details on handling contract labor transactions so you can keep your financial data accurate, Rob.

In QuickBooks Online (QBO), COGS is directly related to inventory, and you can primarily use it for all your transactions related to your projects. With this, you can effectively record your profitability and contract labor activities by utilizing the Projects feature.

Moreover, to ensure that your contract labor transactions are assigned to the appropriate account, I'd recommend consulting your accountant. They can also offer you advice that's tailored to your business needs.

Additionally, there are two ways you can track labor costs in QBO. To learn more about them, you can check out this article: Projects feature to track your labor costs and profitability in QuickBooks Online.

Stay in touch with me if there's anything else I can help you in recording contract labor transactions and managing individual projects in QBO. I'll be right here to provide the information you require.