schirallicpa Posted April 1, 2020 Report Share Posted April 1, 2020 The application for Disaster Relief is asking for COGS. Now - is that truly COGS ? Or do we include operating expense? Quote Link to comment Share on other sites More sharing options...
Lion EA Posted April 1, 2020 Report Share Posted April 1, 2020 I think it's truly COGS. In going through it with a client via messaging, later the application/bank asked for rent, utilities, and payroll. But, I was just answering the questions via message that his bank asked him via telephone, so it could've lost in the translation. Quote Link to comment Share on other sites More sharing options...
schirallicpa Posted April 1, 2020 Author Report Share Posted April 1, 2020 You know when you fill out these things you're always trying to second guess what the bank is thinking. 1 Quote Link to comment Share on other sites More sharing options...
Lion EA Posted April 1, 2020 Report Share Posted April 1, 2020 And, the bank is trying to figure out what the SBA is thinking! Quote Link to comment Share on other sites More sharing options...
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