MGFDLS
Level 1

I have small trucking company and I use owner operators (contractors) to deliver loads. Is this a cost of goods sold or expense

I have small trucking company and I use owner operators (contractors) to deliver loads. Is this a cost of goods sold or expense? not sure where to put it under. Owner operators get 1099s

Rainflurry
Level 15

Other questions

@MGFDLS 

 

It is 'Contract Labor', an expense account - not COGS.