Discussions
Read on for the latest updates including:
• Agenda Builder launch
• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
Cost of sales
Curious to get peoples' thoughts on this from an accounting perspective. When we sell our product, we have to buy some hardware (obvious COS), but then we go out and install our product at customer sites. So there is travel, labor associated with doing that install, etc. Should travel and labor, etc. be part of COS or operating costs? If we elect to classify them as COS, how do we do that in NS? Services for sale, for example, don't have a COGS or expense account associated with them. Might this be related to jobs/projects?
I'd appreciate anyone's help here.