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Our Company performs oil changes. Our oil distributors charge us a disposal fee to pick up/dispose of used oil from customers vehicles. We charge our customers a disposal fee. Should the customer fee charged be recognized as offset to COGS or Revenue?

The fee is not a one to one, in that sometimes the disposal fee is higher or lower than the actual cost our oil distributors charge us, as the disposal fee fluctuates.

Answers

Topic Expert
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO, SBAConsulting.com) |

The fee from vendor s/b CGS
The fee from customer s/b Revenue.

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