4 Methods to Calculate Cost of Goods Sold for Ecommerce Sellers

COGS is essential for financial management, allowing you to determine your gross profit margin and assess your business's efficiency. In this video, you'll discover four easy methods to calculate Cost of Goods Sold (COGS) for your ecommerce business, helping you better understand your profit margins and accurately price your products.
👉 Cash-based method
👉 Percentage of revenue method
👉 End-count method
👉 Sales-based method
Which one is right for YOUR business?
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🔥 If you need help deciding what method is best of calculating your cost of goods sold or if you'd like someone to do your ecommerce accounting for you, reach out to us. LedgerGurus is an ecommerce-specialized accounting company. Let us help you build your business with better numbers.
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