topic I have a tour/travel business; trip fees include all travel costs. Should I put the expenses for the clients' hotels, meals, transportation in COGS and where? in Deductions & credits

I have a tour/travel business; trip fees include all travel costs. Should I put the expenses for the clients' hotels, meals, transportation in COGS and where?

cynthias — Tue, 14 Apr 2020 02:04:26 GMT

Re: I have a tour/travel business; trip fees include all travel costs. Should I put the expenses ...

DavidD66 — Tue, 14 Apr 2020 02:24:18 GMT

You could, but that is typically used for inventory items. I would put in "other expenses" and list each major category separately. The bottom line will be the same whether you put it in COGS or Other Expenses.