If your business manufactures products or purchases them for resale, you generally must value inventory at the beginning and end of each tax year to determine your cost of goods sold. Some of your expenses may be included in figuring the cost of goods sold. Cost of goods sold is deducted from your gross receipts […]
Posts Tagged ‘Accounting’
COGS or Cost of Goods Sold
Posted by admin on July 15th, 2010
Posted in BN News, business, Paperwork 
Tags: Accounting, COGS, Cost of Goods Sold 
Comments Off on COGS or Cost of Goods SoldWatching The Bottom Line
Posted by admin on April 5th, 2010
This recession affects everyone, especially small businesses. If you haven’t already done so, now is the time to check your extra expenses and cut back on frivolous spending. Make sure you are getting the best prices on monthly charges such as phone, internet, and long distance. What you don’t want to cut down or slack […]
Posted in business, Paperwork Tags: Accounting, business, California Small Business, renewable energy, Small Business Comments Off on Watching The Bottom Line