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Salt Lake City Bookkeeping Blog

The Real Difference Between Expenses and Cost of Goods Sold

Posted by Austin Walker on Apr 14, 2016 8:30:00 AM

As one of the more common bookkeeping questions we hear, the difference between Operating Expenses (OE) and Cost of Goods Sold (COGS) is a fairly straightforward one, but it plays a significant role when it comes to allocating and analyzing the resources you spend to make your business profitable

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Topics: Bookkeeping, expenses, cost of goods sold