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Business & farm
I certainly don't see any need for any special reporting.
You say you buy product for resale, so your COGS is certainly going to be reported in the usual fashion:
COGS = Opening inventory (including unsold items out on consignment) + Purchases - Ending inventory (including unsold items out on consignment)
You report you sales as the sum of "My direct sales" and "Sales via consignment", a summary number that makes no distinction between who actually "made" the sale.
You say you buy product for resale, so your COGS is certainly going to be reported in the usual fashion:
COGS = Opening inventory (including unsold items out on consignment) + Purchases - Ending inventory (including unsold items out on consignment)
You report you sales as the sum of "My direct sales" and "Sales via consignment", a summary number that makes no distinction between who actually "made" the sale.
‎June 6, 2019
6:45 AM