Why You’re Likely Calculating COGS Wrong

Cost of goods sold: love it or hate it, it’s a big deal in the eCommerce world. To wrap up our three-part series on accounting and finances, we’re diving into all things COGS: the value of it, the implications it can have on your business, and how to figure it out without losing your mind. Joining me today are Jamie McDonald, CEO of A2X Accounting, Scott Scharf of CatchingClouds.net and previous eCommerceFuel financial expert, and Brittany Brown, founder of LedgerGurus.com, who also specializes in eCommerce accounting for Quickbooks and Xero. No matter what phase of business you are in, this is an episode you literally can’t afford to miss. So listen in as we break down the good, the bad, and the ugly about your cost of goods sold. You can find show notes and more information by clicking here: https://bit.ly/3HFR3Wq Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.