gs labor

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Rollout for the upcoming Anchor Financial Reporting, and PPP discussion:

  • still many questions unanswered from when do I get it, how do I account for it on BS and P&L
  • CPA needs to help you with all of that
  • GS Labor discussion – where it goes on the monthly report? This is what the instruction say:COST OF SALES:  The cost of shop labor sold to customers Technician and (General Service gross pay…If they actually work on vehicles and you gain revenue from work performed.)

 

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