![]() ![]() Keeping track of your inventory is crucial to determine an accurate COGS figure. Ending Inventory: how much stock is left at the end of the accounting period.īeginning inventory + Purchases – Ending inventory = COGSĪccounting methods vary for each business, so use our cost of goods sold calculator for an accurate calculation. ![]() Purchases: new stock purchased during that period, such as raw materials.Beginning Inventory : the cash value of the business’ inventory at the start of the accounting period (Financial Year, Quarterly, Monthly).The COGS calculation depends on the value of your business’ inventory. ![]()
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