Is there a way to add Unit Cost to previously sold items to update COGS report?

[amy8]

I upgraded to square for retail and added unit costs to all of my items. Is there a way to add unit cost to items sold before I entered unit costs so that my COGS report is accurate? Right now, it still shows Revenue and Profit as the same.

[JJ_]

My understanding is that Unit Cost and COGS update daily but I am not one 100% sure if they will update retroactively to the inventory and sales that you may have done before.

@HC_Charlie do you have any knowledge on this aspect of Square for Retail Reporting?

[HC_Charlie]

I’m not certain either. I suspect it won’t affect past purchases retroactively because it’s not looking at inventory that already “left the building “. I’d wait a day and rerun a report and see if the difference is reflected after the change.