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    <title>thread Understanding COGS (again) in Orders, Menu Items, Catalog &amp; Fulfilment</title>
    <link>https://community.squareup.com/t5/Orders-Menu-Items-Catalog/Understanding-COGS-again/m-p/749290#M1989</link>
    <description>&lt;P&gt;Hello Community.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;I am again stumped by my COGS report and am hoping I can be pointed in the right direction.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&lt;span class="lia-inline-image-display-wrapper lia-image-align-left" image-alt="COGS.png" style="width: 999px;"&gt;&lt;img src="https://community.squareup.com/t5/image/serverpage/image-id/45821i40E601DC65C32979/image-size/large?v=v2&amp;amp;px=999" role="button" title="COGS.png" alt="COGS.png" /&gt;&lt;/span&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;UL&gt;&lt;LI&gt;This item cost is correct at &lt;STRONG&gt;€2.43&amp;nbsp;&lt;/STRONG&gt;(pre-tax)&lt;/LI&gt;&lt;LI&gt;I sell the item for €3.75 inclusive of 10% tax, so &lt;STRONG&gt;€3.38&lt;/STRONG&gt;&amp;nbsp;(rounded) without tax.&lt;/LI&gt;&lt;/UL&gt;&lt;P&gt;With only one item sold, why is the "Revenue" and "Avg. Revenue" €3.41 and not 3.38?&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&lt;SPAN&gt;Note: This item has been in-stock, with no price or inventory changes.&amp;nbsp;&lt;/SPAN&gt;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;</description>
    <pubDate>Sat, 20 Sep 2025 10:03:28 GMT</pubDate>
    <dc:creator>lennys26</dc:creator>
    <dc:date>2025-09-20T10:03:28Z</dc:date>
    <item>
      <title>Understanding COGS (again)</title>
      <link>https://community.squareup.com/t5/Orders-Menu-Items-Catalog/Understanding-COGS-again/m-p/749290#M1989</link>
      <description>&lt;P&gt;Hello Community.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;I am again stumped by my COGS report and am hoping I can be pointed in the right direction.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&lt;span class="lia-inline-image-display-wrapper lia-image-align-left" image-alt="COGS.png" style="width: 999px;"&gt;&lt;img src="https://community.squareup.com/t5/image/serverpage/image-id/45821i40E601DC65C32979/image-size/large?v=v2&amp;amp;px=999" role="button" title="COGS.png" alt="COGS.png" /&gt;&lt;/span&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;UL&gt;&lt;LI&gt;This item cost is correct at &lt;STRONG&gt;€2.43&amp;nbsp;&lt;/STRONG&gt;(pre-tax)&lt;/LI&gt;&lt;LI&gt;I sell the item for €3.75 inclusive of 10% tax, so &lt;STRONG&gt;€3.38&lt;/STRONG&gt;&amp;nbsp;(rounded) without tax.&lt;/LI&gt;&lt;/UL&gt;&lt;P&gt;With only one item sold, why is the "Revenue" and "Avg. Revenue" €3.41 and not 3.38?&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&lt;SPAN&gt;Note: This item has been in-stock, with no price or inventory changes.&amp;nbsp;&lt;/SPAN&gt;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;</description>
      <pubDate>Sat, 20 Sep 2025 10:03:28 GMT</pubDate>
      <guid>https://community.squareup.com/t5/Orders-Menu-Items-Catalog/Understanding-COGS-again/m-p/749290#M1989</guid>
      <dc:creator>lennys26</dc:creator>
      <dc:date>2025-09-20T10:03:28Z</dc:date>
    </item>
    <item>
      <title>Re: Understanding COGS (again)</title>
      <link>https://community.squareup.com/t5/Orders-Menu-Items-Catalog/Understanding-COGS-again/m-p/749294#M1990</link>
      <description>&lt;P&gt;&lt;a href="https://community.squareup.com/t5/user/viewprofilepage/user-id/638397"&gt;@lennys26&lt;/a&gt;&amp;nbsp;Because you have calculated the wrong pre-tax amount.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&lt;SPAN&gt;€3.75 / 1.10 =&amp;nbsp;€3.4090909, which rounded is&amp;nbsp;€3.41, not&amp;nbsp;€3.38&lt;/SPAN&gt;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;</description>
      <pubDate>Sat, 31 Aug 2024 18:43:39 GMT</pubDate>
      <guid>https://community.squareup.com/t5/Orders-Menu-Items-Catalog/Understanding-COGS-again/m-p/749294#M1990</guid>
      <dc:creator>TheRealChipA</dc:creator>
      <dc:date>2024-08-31T18:43:39Z</dc:date>
    </item>
    <item>
      <title>Re: Understanding COGS (again)</title>
      <link>https://community.squareup.com/t5/Orders-Menu-Items-Catalog/Understanding-COGS-again/m-p/749301#M1991</link>
      <description>&lt;P&gt;&lt;a href="https://community.squareup.com/t5/user/viewprofilepage/user-id/283181"&gt;@TheRealChipA&lt;/a&gt;&amp;nbsp;Once again, you have pointed out my mistake.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;My calculation of 3.75 - 10%, which equals 3.38, is NOT the same as 3.75 / 1.10, which does indeed equal 3.409.....&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;&lt;STRONG&gt;A - 10% = B&lt;/STRONG&gt; does not mean that &lt;STRONG&gt;B + 10% = A.&lt;/STRONG&gt;&amp;nbsp;This is evident but was not immediately obvious.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;Thanks again!&lt;/P&gt;</description>
      <pubDate>Sat, 31 Aug 2024 19:32:37 GMT</pubDate>
      <guid>https://community.squareup.com/t5/Orders-Menu-Items-Catalog/Understanding-COGS-again/m-p/749301#M1991</guid>
      <dc:creator>lennys26</dc:creator>
      <dc:date>2024-08-31T19:32:37Z</dc:date>
    </item>
    <item>
      <title>Re: Understanding COGS (again)</title>
      <link>https://community.squareup.com/t5/Orders-Menu-Items-Catalog/Understanding-COGS-again/m-p/749302#M1992</link>
      <description>&lt;P&gt;&lt;a href="https://community.squareup.com/t5/user/viewprofilepage/user-id/638397"&gt;@lennys26&lt;/a&gt;&amp;nbsp;It’s a very common mistake, trust me. &amp;nbsp;I’m happy to help.&lt;/P&gt;</description>
      <pubDate>Sat, 31 Aug 2024 19:35:19 GMT</pubDate>
      <guid>https://community.squareup.com/t5/Orders-Menu-Items-Catalog/Understanding-COGS-again/m-p/749302#M1992</guid>
      <dc:creator>TheRealChipA</dc:creator>
      <dc:date>2024-08-31T19:35:19Z</dc:date>
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