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Track real-time P&L metrics for immediate financial insights.

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Monitor customer retention and lifetime value for long-term business health.

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Leverage high-frequency data refresh for immediate loss prevention and optimization.

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Know your exact profit and costs per product, vendor, type, and collection.

See exactly what’s eating your orders' profitability.

Unlock the impact of shipping methods on LTV, AOV, repurchase rates, and overall profitability.

Master discounts data to grow your profits.

Unify and analyze marketing data across platforms to optimize strategy and ROI.

Analyze returns by date, sales channel, coupon code or country.

Compare yourself to your industry in profit, expenses, and all key parameters.

Data Management

Connect platforms and tools you work with to collect expenses, revenue, and other eCommerce data in real time.

Predicted Costs

Include all your future costs and have the most accurate picture of your net sales at all times.

Data Sync Solutions

Discover BeProfit's easy data import options: Google Sheets, Bulk update CSV, and automated UI.

Custom Expenses & Revenue

Flexible Expense and Revenue tracking from variable costs to recurring bills,with contra entries and conditional allocations.

Profit Simulators

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How do you calculate the cost of goods sold on a profit and loss account?

Asked 3 years ago

I've tracked my operation expenses separately to my P&L sheet, but I want to integrate them for easier management. Who here knows how to calculate it so that it works together?

Calculation example Cogs calculation Profit and loss (p&l)Cost of goods sold (cogs)

+1

Lane Cooper

Monday, March 21, 2022

COGs refer to all the expenses associated with manufacturing goods to be sold.  Here is a simple formula to calculate your COGs:
COGS = Starting Inventory + Purchases in the defined period - Ending Inventory
You can use this formula in excel or a spreadsheet to calculate your COGS for every day separately.

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