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What is the Cost of Goods (COGS) Report?

The COGS or Cost of Goods Sold Report which can be founds at https://app.shiphero.com/reports/cost-of-goods
shows you the profit made on orders shipped during the given period.

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You can filter by a single store or see all your stores together.

The report calculates a lot of data. If it’s running slowly, shorten the period that you’re running the report on.

The profitability factors in:

 

    • Selling price on each order including discounts

 

  • Current cost of the product, Known as Value in ShipHero

 

 

  • Shipping amount paid by the customer

 

 

  • Actual costs of shipping the order to the customer

 

 

  • Returns

 

 

At the top of the page you will see your summary data.

This report is also helpful for determining your sales taxes due for a period.

The other report that’s often used to see the value of the products is the Inventory Report which you can see at https://app.shiphero.com/reports/inventory