Cost of Goods sold

[laceygrace]

I am on the new square plus plan. I am also fairly new to square in general. Can we enter Cost of Goods sold into square plus plan? I have my items created with the retail unit cost, but would love to be able to run a COGS report to gain a clear picture on my profit on product sales. I can not figure out how to do this. I have tried a couple different things online, but doesn't seem to be the right answer. 

[MayaP]

Hi @laceygrace, thank you for joining the Square Community. We are excited to have you with us! 🤗

With Square plus plan you can run a cost of goods sold report. To track the cost of goods sold:

1. Sign in to Square Dashboard and go to Reports.

2. Select Inventory Reports > Cost of goods sold.

You can learn more here. If you have any further questions please let me know. 

[laceygrace]

I don't have the option for an inventory report, or see a field for the wholesale cost of my products. So not sure I see how this gets me to cost of goods sold.

[MayaP · Accepted solution]

On your Dashboard, go to Add More > Inventory. Once you’ve done that, the Retail features should appear.

If you run into any issues or have questions, just let me know — I’m happy to help!

@laceygrace