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Post Info TOPIC: Cost of Sales or Expenses?
Samilou67


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Cost of Sales or Expenses?
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Hi would the cost of the materials bought for a cleaning company to use to provide a service a cost of the sale or an expense?

Thanks

Sam



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Sam
Shamus


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cost of sales.

They are materials directly used in the rendering of the service.

kind regards,

Shaun.

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
numbnumber


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If it is a cleaning company providing a service to other clients then cost of sales. If it is for cleaning their own equipment/vehicles/premises then expenses

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Roz
Samilou67


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Thank you

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Sam
Shamus


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Hi Roz,

snap. :)

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
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