thread Total cost of goods sold report in Orders, Menu Items, Catalog & Fulfilment

Total cost of goods sold report

Championnfld — Sat, 20 Sep 2025 09:55:06 GMT

Why is my cost of good so keep going up even though I’m selling items. Isn’t it supposed to go down or maybe I’m not checking the right reports

Re: Total cost of goods sold report

MayaP — Tue, 03 Dec 2024 20:09:19 GMT

Hey @Championnfld,

I appreciate your patience while we get back to you!

If you are still inquiring about this I have tagged some super sellers who can assist ( @Candlestore @JUYBoutique20 @Twiggy). thank you all!

Re: Total cost of goods sold report

Candlestore — Tue, 03 Dec 2024 22:20:14 GMT

@Championnfldand @MayaP ;

With Cost of Goods Sold, when an Item is sold, the amount of cost for Goods sold will rise. Your Inventory will decrease for the item you sold, and your costs of the Goods you Sold would rise. So when you sell your Item, Square uses the cost you bought it for and adds it to the Cost of Goods sold for the Time period your looking at. So you might be looking at the wrong report or have Inventory and The Cost of Goods Sold report mixed up. Hope this makes sense.

Re: Total cost of goods sold report

JUYBoutique20 — Thu, 05 Dec 2024 06:34:24 GMT

When you sell an item your cost of goods goes up and your inventory goes down. I agree with @Candlestore you might be looking at the wrong report.