Sales Accounts

QAD 2017 Enterprise Edition > User Guides > Costing > Cost Accounts > Sales Accounts

Sales Accounts

Five accounts contain the standard portion of Cost of Goods Sold (COGS).

• COGS Burden

• COGS Labor

• COGS Material

• COGS Overhead

• COGS Subcontract

For each shipment, the Inventory account is credited for the total GL cost of the item times the quantity shipped and debited for the appropriate COGS portion.