<?xml version="1.0" encoding="UTF-8"?>
<rss xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:taxo="http://purl.org/rss/1.0/modules/taxonomy/" version="2.0">
  <channel>
    <title>thread Re: COGS report, profit? in Orders, Menu Items, Catalog &amp; Fulfilment</title>
    <link>https://community.squareup.com/t5/Orders-Menu-Items-Catalog/COGS-report-profit/m-p/259743#M19691</link>
    <description>&lt;P&gt;Hi &lt;a href="https://community.squareup.com/t5/user/viewprofilepage/user-id/359060"&gt;@Dirky&lt;/a&gt;, thanks for raising this!&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;I checked in with our Retail team to see if they've seen this before. From the screenshot, they've ask if you have enable Stock Tracking for the Coca Cola item by any chance?&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;You should be able to enable tracking by clicking into the particular item from &lt;A href="https://squareup.com/dashboard/items/library" target="_blank"&gt;your Item Library on Dashboard&lt;/A&gt;.&amp;nbsp;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;Let me know if that would help!&lt;/P&gt;</description>
    <pubDate>Wed, 31 Mar 2021 15:16:28 GMT</pubDate>
    <dc:creator>tranguyen</dc:creator>
    <dc:date>2021-03-31T15:16:28Z</dc:date>
    <item>
      <title>COGS report, profit?</title>
      <link>https://community.squareup.com/t5/Orders-Menu-Items-Catalog/COGS-report-profit/m-p/259440#M19690</link>
      <description>&lt;P&gt;See below. I am seeing some weirdness in the COGS report.&lt;/P&gt;&lt;P&gt;I have a sell price of 2.50 (which includes our TAX of 20% , = 2.08 pre tax.)&lt;/P&gt;&lt;P&gt;In the example/test below, I sold 2 of these, making a total revenue of 4.16.&lt;/P&gt;&lt;P&gt;I also had an item cost of 0.37 (still not sure if I should include the 20% tax or not here),&lt;/P&gt;&lt;P&gt;So I would expect the profit to be&lt;/P&gt;&lt;P&gt;4.16 minus (2 * 0.37) but for some reason the profit shows as 4.16 ?&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;Any help much appreciated.&lt;/P&gt;&lt;P&gt;Thanks&lt;/P&gt;&lt;P&gt;&lt;span class="lia-inline-image-display-wrapper lia-image-align-left" image-alt="Screenshot 2021-03-30 at 16.39.57.jpg" style="width: 400px;"&gt;&lt;img src="https://community.squareup.com/t5/image/serverpage/image-id/12593i93D713C621480AFE/image-size/medium?v=v2&amp;amp;px=400" role="button" title="Screenshot 2021-03-30 at 16.39.57.jpg" alt="Screenshot 2021-03-30 at 16.39.57.jpg" /&gt;&lt;/span&gt;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;</description>
      <pubDate>Sun, 21 Sep 2025 09:24:48 GMT</pubDate>
      <guid>https://community.squareup.com/t5/Orders-Menu-Items-Catalog/COGS-report-profit/m-p/259440#M19690</guid>
      <dc:creator>Dirky</dc:creator>
      <dc:date>2025-09-21T09:24:48Z</dc:date>
    </item>
    <item>
      <title>Re: COGS report, profit?</title>
      <link>https://community.squareup.com/t5/Orders-Menu-Items-Catalog/COGS-report-profit/m-p/259743#M19691</link>
      <description>&lt;P&gt;Hi &lt;a href="https://community.squareup.com/t5/user/viewprofilepage/user-id/359060"&gt;@Dirky&lt;/a&gt;, thanks for raising this!&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;I checked in with our Retail team to see if they've seen this before. From the screenshot, they've ask if you have enable Stock Tracking for the Coca Cola item by any chance?&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;You should be able to enable tracking by clicking into the particular item from &lt;A href="https://squareup.com/dashboard/items/library" target="_blank"&gt;your Item Library on Dashboard&lt;/A&gt;.&amp;nbsp;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;Let me know if that would help!&lt;/P&gt;</description>
      <pubDate>Wed, 31 Mar 2021 15:16:28 GMT</pubDate>
      <guid>https://community.squareup.com/t5/Orders-Menu-Items-Catalog/COGS-report-profit/m-p/259743#M19691</guid>
      <dc:creator>tranguyen</dc:creator>
      <dc:date>2021-03-31T15:16:28Z</dc:date>
    </item>
  </channel>
</rss>

