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How do I Calculate the Cost of Goods Sold(COGS)?

How to calculate Cost of Goods Sold(COGS)

Calculate the Cost of Goods Sold(COGS) can be a tricky process. This article will help you understand how to calculate COGS as well as some factors that impact your calculation. One of the first things you’ll want to figure out is how much cogs are costing your company. In this blog post we will cover: … Read more

Inventory Management Accounting: Ultimate Guide for eCommerce

Inventory Management Accounting is one of the most confusing parts to those who entered the eCommerce industry. In fact, 47% of the retailers dealt with the same problems with their inventories. A good Inventory Management however, will bring your business to the highs and lesser lows. By developing a healthy practice in knowing your inventories, … Read more

eCommerce Bookkeeping for Dummies

eCommerce Bookkeeping is easy but first, I have to congratulate you for diving in the modern way of selling and earning anytime, anywhere. Just like many in the eCommerce business selling in Shopify, Amazon or other online selling platforms, you have figured out what to sell and which online platform to display your merchandise. I … Read more