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New Member
posted Jun 3, 2019 12:50:11 PM

Where do I add COG's if I only dropship and do not have any inventory

Do I still go through the inventory section, even though I don't have any inventory? Or can I just add my COG's as a business expense? Thank you

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1 Best answer
New Member
Jun 3, 2019 12:50:12 PM

You can report a beginning and ending inventory of zero, and your cost of goods as purchases in the cost of goods sold section, which should result in the proper gross profit amount.

1 Replies
New Member
Jun 3, 2019 12:50:12 PM

You can report a beginning and ending inventory of zero, and your cost of goods as purchases in the cost of goods sold section, which should result in the proper gross profit amount.