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May 14, 2021
Question

My client pays me a set amount for SEO per month. I pay Google adwords and a company to manage it out of that money. How do I claim that? cost of good sold?

  • May 14, 2021
  • 1 reply
  • 0 views
Client pays 5000 to me I pay 2,500 to Adwords and 500 to a company to manage adwords each month, I pay 500 to a subcontractor and do the rest of the work myself making 1,500. How do I claim the Adwords and company to mange it that I pay as expenses?

1 reply

Employee
May 17, 2021

Cost of Goods Sold (CoGS) is appropriate for Adwords. 

 

Managing Adwords can fall either under CoGS or operating expenses.

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