Hi @HopsBoogie, thanks for raising this in the Community.
If you’d like to add or update a unit cost for a historical adjustment, just head to the History tab of your online Square Dashboard. Bear in mind, the Cost of Goods Sold report is calculated based on FIFO (first in, first out) sales of items received with a cost.
Also, the COGS report only accounts for completed item sales.
Just a reminder that since your profit is determined by the price you pay for an item (unit cost) subtracted from the item’s sale value, you’ll need to add a unit cost for each item variation for the COGS report to include the sale.
I hope this helps, we have some additional information in our support centre!
Breffni
Community Moderator, Ireland, Square
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