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Tag Archives: account schedule

implementation, reporting

How to calculate COGS on Financial Reports (The CPA Way)

Posted on February 15, 2021May 15, 2025 by Alex Chow

Overview Sometimes, how a computer system does accounting will be different than how traditional accountants does accounting. One of the subjects that always come up for debate is how COGS (Cost of Goods Sold) is calculated. The Postings In Dynamics 365 Business Central, when a purchase of inventory is made, 4 General Ledger accounts areRead more

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Posted in implementation, reporting  |  Tagged account schedule, COGS, CPA, posting 5 Comments
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