When is the COGS generated for layby sales?

Latest update: - Sakshi Wadhwa


When is the Cost of Good sold generated for a layby sale - at the point of creation or at the point of completing the sale?


  •  Vend for Mac or PC


The COGS are generated when the sale is first created. Hence, if the average cost of the product has changed at the point of completing the sale it will not be considered.

Additional Information

What is average cost?