Calculating cogsPosts and articles about Calculating cogsBlogRebekah BraceHow to Calculate WooCommerce COGS to Analyze Sales, Inventory & Gross MarginsAs a WooCommerce store owner, there are a number of metrics you’ll need to track to ensure your business is successful. Learning to calculate Cost of Goods Sold...BlogMarcel Deer3 Insights on How to Reduce Your COGSKnowing how to reduce your cost of goods sold (COGS) is essential to staying competitive in the market as it can result in higher gross revenue and bigger profi...CommunityHow 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 ...CommunityCan I claim the COGS on my tax return for my e-commerce business?I recently calculated the COGS for my e-commerce business. I had the idea that maybe I could claim this amount on my tax return. Does anybody know if this is po...CommunityDoes 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 m...CommunityWhy 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 c...
