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I install cabinets and some times I buy them - where do I put the cost of goods if I don't have inventory ?

I bought and sold Cabinets how do I claim the cabinets I sold to a customer, I have labor for installing but I also had to pay for the cabinets - I should not have to pay tax on cost of goods ?  

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2 Replies

I install cabinets and some times I buy them - where do I put the cost of goods if I don't have inventory ?

Or you could just put them under Supplied or Misc.
AnnetteB
Intuit Alumni

I install cabinets and some times I buy them - where do I put the cost of goods if I don't have inventory ?

You would put the cost of goods in the inventory/cost of goods section.  Your beginning and ending inventory will both be zero since you do not maintain an inventory, but you do purchase goods that are later sold.

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