Does COGS form part of operating expenses?

Tips when negotiating new supply contract.

My current supplier contract is coming to an end in 6 months and soon I'll need to start negotiating for a new one. Overall I've been very happy with my supplier and they are easy to work with bu

What percentage of revenue should your COGS be?

I'm trying to figure out if my COGS should be lower because it seems high. At the moment, it's sitting at 20% of my revenue. This seems a bit much, but I really don't know if this is normal or no

How do I add cost of goods sold in WooCommerce?

Does Shopify show the cost of goods sold?

HHi all, I started using Shopify for my e-business. How and where do I see the COGS?

How to Calculate WooCommerce COGS to Analyze Sales, Inventory & Gross Margins

Learn how to calculate WooCommerce COGS to gain insight into your costs of doing business and where you have potential avenues to increase profit.

How to Calculate Cost of Goods Sold (COGS) for your Shopify Store

Learn how to calculate the cost of goods sold (COGS) for your Shopify store and why this metric is so important to the operation of your business.

How to Calculate COGS for Your Amazon Business

How do you calculate COGS for your Amazon business? In this post, you will discover the formula for calculating COGS and the different ways you can use it.

3 Insights on How to Reduce Your COGS

Knowing and understanding the cost of goods sold (COGS) is vital to a business's success. Find out ways to reduce your COGS to help improve your bottom line.

How much does it cost to start an Amazon business?

Hi everyone, I'm considering starting up an e-commerce business through Amazon's FBA. My only question is whether it is still worth doing something like this, or has the market been too saturated

Do you need to keep original receipts for expenses?

Do I have to keep the original receipts, or can I keep scanned copies on my PC?

Why must directed costs be included when calculating e-commerce COGS?

The first month of my e-commerce business is almost up, so I need to calculate the COGS. I will need to total up my beginning inventory, purchase costs, labor costs, materials costs, supplies cos

How do I calculate true COGS on an income statement?

I want to know the actual cost of my business operations to determine an adequate profit margin and adjust my product prices accordingly. When I worked out the COGS of my Shopify store, the final

Cost of Sales vs. expenses: What's the difference?

How do you differentiate and categorize the different expenses that come with a business?

How do I use an Excel spreadsheet for tracking income & expenses?

Hi everyone, I want to track my small business expenses in Excel. Looking for pointers on how to do it. Thanks.