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How is the Cost of Goods Sold (COGS) calculated in REPORT?
How is the Cost of Goods Sold (COGS) calculated in REPORT?

How is the Cost of Goods Sold (COGS) calculated in REPORT?

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Written by Pankaj Singhal
Updated over 2 months ago

We use the costs you uploaded for your products to calculate the Average COGS for the inventory. For items for which you have purchased the item at multiple prices, the COGS is an average of those costs.

How to add COST in ScanPower:

  • The BUY Button in MOBILE: A long press of the BUY button will trigger a COST/QTY pop-up.




  • The BUY Button in WEBSCOUT: A long press of the BUY button will trigger a COST/QTY pop-up.



  • The PRICE Dialog in LIST: COST can be added in the COST field.


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