Jeff Liebov is the CEO & Founder of BILLWAZE. Jeff envisioned a simpler way out of the complicated world of accounting apps and created BILLWAZE. As a tool, BILLWAZE makes things easy for those who want to get things done fast, without all the hassle. Jeff and the team are continuously improving the platform and are passionate about making the entire billing process simpler than ever.
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Cost Of Goods Sold (COGS) – What Is It And How Do You Calculate It?Published on April 10, 2023 by Stephanie Milne
In accounting terms, Cost of Goods Sold is simply the cost of an item to a retailer, manufacturer or distributor. COGS is a form of expense, and is recorded in an income statement. There are two ways to calculate Cost of Goods Sold, which we will look at in this article. First though, let’s look at […]