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Results for “cogs” — 20 results

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Cost of goods sold (COGS) explained

Learn how COGS is calculated and why it matters for your profit.

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FAQ: Valuation & COGS

Quick answers to common questions about how inventory value is calculated.

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COGS and profit in simple terms

Understand the difference between revenue and profit, and how cost of goods sold affects your bottom line.

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Selling produced goods and COGS

Learn how cost of goods sold is calculated when you sell a manufactured product.

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FAQ: Production Costing

Quick answers to common questions about how production costs work.

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How invoices move stock: inventory exits

Learn how invoices automatically reduce your warehouse inventory and post the cost of goods sold.

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How sales receipts move stock: inventory exits

Track how inventory quantities and values are updated when you sell goods.

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FAQ: Allocation

Common questions about how to allocate landed costs across inventory items.

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FAQ: Profit & Loss Report

Quick answers to common questions about Profit & Loss reports.

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FAQ: Landed Cost Basics

Quick answers to common questions about what landed costs are and why they matter.

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How inventory is valued

Understand the methods Usystems uses to calculate the value of your stock.

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How bills move stock: inventory receives

Learn how a bill with line items updates your inventory and general ledger.

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Running the Profit & Loss report

Generate a Profit & Loss statement to see your business income and expenses for a period.

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Reading and interpreting the Sales by Item Breakdown report

Understand each column and how to use the data to track your top-selling items and profitability.

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What landed costs are: freight, customs and other charges

Understand how additional charges raise the true cost of purchased inventory.

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FAQ: Accounting Impact

Common questions about how invoices affect your accounting records and financial statements.

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Reading and interpreting the Profit & Loss report

Understand the sections of your income statement and how to analyze profitability.

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FAQ: Refunds & Returns on Cash Purchases

Quick answers to common questions about returning items and getting money back.

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FAQ: Accounting Impact

Questions about GL postings, inventory, and financial statement impact.

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Production costing: cost of a finished product

Understand how Usystems calculates the cost of products you manufacture.