Can I claim the COGS on my tax return for my e-commerce business?

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

Does reducing my e-commerce business inventory affect my COGS?

This morning I received my income statement, and when I checked for the COGS, I noticed that the figure was higher than last month. My stock wasn't moving the month before, and my COGS wasn't as

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.

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 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.

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

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?

Cash flow vs cost of goods sold

What's more important for business growth, having a higher cash flow or a lower cost of goods sold? I sell custom furniture (both indoor and outdoor) online for reference. Thanks !

How do I add cost of goods sold in WooCommerce?

Mistakes to Avoid When Calculating Profit for Your Shopify Store in 2022

When calculating profit for you Shopify store, you may encounter a few hiccups. Here is a list of mistakes to avoid when calculating your profits.

How to Calculate Shipping Costs for Your Shopify Store

There are five ways to determine Shopify shipping costs: flat rate, calculated, free shipping, weight-based, and parcel-based shipping.

What are non-COGS?

What expenses are not included in COGS?

How do I calculate COGS in Excel?

I heard that I could calculate the cost of goods in excel. What is the formula?

Dropshipping on Amazon vs Shopify

What's the cheaper option? I'm more interested in the platform fees/costs rather than customer reach as my start up capital is quite limited at this stage. Can anyone give me a quick breakdown of

Most important KPIs for COGS?

What are the most important KPIs to keep track of relating to cost of goods sold?

How are COGS and inventory-related?

Hi, I'm new here. I learned in a video that the inventory valuation includes your COGS, but I don't understand how this is related?