Understanding COGS Report

Hey Community! 

 

I am rounding out my first year and business and working with my accountant on our taxes. I'm trying to understand the Cost of Goods Sold report. When I run the report there are many vendors and unit costs missing. However, when I check my inventory that data is there. 

 

Not sure what I'm missing? Is it because those items haven't sold yet so they are still in inventory not COGS? 

 

Thanks!

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Square Community Moderator

Hi @ChrisAllen - Thanks for reaching out to us here on the Square Seller Community👋

 

I recommend reaching out to our Square Retail Support Team so they can take a look at your Cost of Goods Sold report and see if you may need to make any edits to get this report looking correctly.

 

If you'd like to speak with our Support Team by phone, you can give us a call at 855-700-6000 between 6am-6pm Pacific Time Monday-Friday. If you call outside of these hours, you will be required to enter your Customer Code to validate your account.

 

You can also get in touch with our Messaging and Email Support Teams here.

 

Please let us know if you happen to run into any issues when contacting Support. Thank you!

 

Violet
Community Moderator, Square
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