Enterprise glossary and term center
Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.
- Enterprise terms
- Cost of Goods Sold
- What is the difference between COGS and expenses?
Cost of Goods Sold - What is the difference between COGS and expenses?
Your expenses includes the money you spend running your business. ... The difference between these two lines is that the cost of goods sold includes only the costs associated with the manufacturing of your sold products for the year while your expenses line includes all your other costs of running the business.