5 thoughts on “How to calculate COGS on Account Schedules (The CPA Way)

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  2. Pingback: oala » How to calculate COGS on Account Schedules (The CPA Way) by Alex Chow

  3. Thomas says:

    Hi Alex, maybe a stupid question – but what is the point of doing the above calculation if it will always tie to the COGS account the system calculates, why not just take the COGS account number and call it a day?

    Is it because the CPA or for tax you need a breakdown of how COGS was calculated and need to show the formula and the breakdown of the formula?

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