Inventory and cost of goods sold (COGS) accounting for Shopify sellers is not straightforward. But getting it right is critical to having accurate profit margins to help you make better business decisions for your ecommerce business.
In this video, we'll show you:
👉 The rookie mistakes we see Shopify sellers make all the time
👉 How to do it right
We also go over how COGS hits your financial statements when it's done correctly.
◾◾◾◾◾◾◾
🔥 If you need help with your Shopify accounting, contact us here: [ Ссылка ]
◾◾◾◾◾◾
⬇️ MORE STUFF YOU SHOULD CHECK OUT ⬇️
** INVENTORY & COGS PLAYLIST: **
[ Ссылка ]
** The Difference between Cost of Sales & Cost of Goods Sold (COGS) in eCommerce **
[ Ссылка ]
** BLOG: How to Record a Cost of Goods Sold Journal Entry **
[ Ссылка ]
** COGS Explained for eCommerce Sellers **
[ Ссылка ]
** BLOG: Your Road Map for Good Inventory Management **
[ Ссылка ]
** If you're interested in our ecommerce accounting services, click here to contact us: **
[ Ссылка ]
◾◾◾◾◾◾◾
🧑💻 EMPLOYMENT OPPORTUNITIES:
We are always looking for awesome CPAs, accountants, and bookkeepers to join our team. If you're interested in working for LedgerGurus, check out our careers page:
[ Ссылка ]
◾◾◾◾◾◾
👋 SAY HI ON SOCIAL:
Website: [ Ссылка ]
Facebook: [ Ссылка ]
Twitter: [ Ссылка ]
LinkedIn: [ Ссылка ]
Instagram: [ Ссылка ]
[ Ссылка ]
#shopifyaccounting #ecommerceaccounting #ledgergurus
Inventory and COGS for Shopify | How to Do It Right!
Теги
ledgergurusecommerce accountingecommerce accountantcost of goods soldcost of goods sold accountingshopify accountingcost of goods sold income statementcost of goods sold explainedwhat is cost of goods soldinventory accountingcost of goods sold formulaaccounting for inventoryhow to calculate cost of goods soldinventory accounting tutorialcost of goods sold journal entrycogs journal entryecommerce cogs accountingcalculating cost of goods sold