Difference Between Cost of Goods Sold (COGS) and Cost of Services Sold (COSS)

The Difference Between Cost of Goods Sold (COGS) and Cost of Services Sold (COSS) Key Takeaways COGS measures costs directly related to producing goods, while COSS measures costs directly related to providing services. Both COGS and COSS do not include indirect costs such as overhead and sales and marketing. Tracking COGS and COSS is important … Read more