COGS Accounts Tab

Top  Previous  Next

Design Manager provides six separate COGS Accounts titled Merchandise, Freight, Design Fee, Installation, Labor and Time.  These are default Accounts used by the system when an Item is not assigned a Sales Category or the assigned Sales Category has Accounts set to Company Default.  When the Company Default option is selected, the Sales Category will always use the current Cost of Goods Sold Account settings on this tab.  For more information, see Sales Categories under Glossary Windows.

 

If you are unfamiliar with advanced accounting practices, it is recommended that you leave these Accounts as they are currently configured! Setting them incorrectly can cause data to be misrepresented in your General Ledger.  

 

Company Information Window - COGS AccountsTab

 

To edit an Account Number on this window, highlight the Account Number and type in a new Number.  To search for an Account Number, place the cursor into the field of interest, then click on the Search button in the lower left corner of this window and choose a COGS Account.