Cost of Goods Sold (COGS) Calculator is a tool that helps eCommerce businesses determine the total direct costs involved in producing or purchasing the goods they sell.
It takes into account the value of your starting inventory, purchases made during the period, and ending inventory to calculate the exact cost of the goods sold. This information is crucial for understanding your profit margins, pricing strategies, and overall business health.
By using a COGS calculator, you can simplify this calculation process and ensure accurate financial reporting.