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QBO 2022: What is COGS (cost of goods sold)? Part 2
In this video, listen to advice and get a live demo from expert James Griner of Waterford Business Solutions continues to explain what cost of goods sold are with examples he commonly sees when helping field service businesses prepare their books. Since 2009, James has helped home service businesses with their business accounting and has a special focus for supporting them as they move into new technologies to manage the work. Listen as he breaks down the most common COGS and how best for your business to manage its money using Housecall Pro.
In this video, we cover:
- Parts and materials
- Labor
- Licenses/fees
- Vehicles
- Other
