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MGFDLS
September 8, 2023
Question

I have small trucking company and I use owner operators (contractors) to deliver loads. Is this a cost of goods sold or expense

  • September 8, 2023
  • 1 reply
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I have small trucking company and I use owner operators (contractors) to deliver loads. Is this a cost of goods sold or expense? not sure where to put it under. Owner operators get 1099s

1 reply

Rainflurry
Rainflurry
September 8, 2023

@MGFDLS 

 

It is 'Contract Labor', an expense account - not COGS.

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