Costs of Goods Sold, or COGS, tracks all of the costs associated with the items you sell, which allows you to calculate gross profits accurately. COGS accounts also give the total underlying costs on ...

Regardless of whether you are using QuickBooks desktop software or transitioning to QuickBooks online, missteps during setup can have a long-term negative impact on outcomes. Incorrectly categorizing ...

Tracking your start-up capital for your new business is important. QuickBooks helps you accomplish this task. You need to set up a capital equity account to track your initial investment, regardless ...