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October 30, 2019
Question

What does COS mean after Supplies and Materials ?

  • October 30, 2019
  • 1 reply
  • 0 views
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1 reply

AddieC
Level 5
October 30, 2019

Hi there, 

 

QuickBooks Online is a user-friendly program that helps small business owners take charge of their bookkeeping. The great thing about QuickBooks is that you can use it with minimal accounting knowledge and still succeed and prosper. 

 

I'm unfamiliar with the area of the program you're referring to when you see "COS after supplies and materials". I've done some research, and I found an article that may help. According to Accounting Coach, "the acronym COS could indicate either cost of sales, or cost of services". 

 

I'd be happy to look into this further for you with a bit of additional information. Where are you seeing this supplies and materials section of QuickBooks Online? 

 

Let me know and we'll go from there.


Cheers.