Description
Description: Designed for online stores selling physical goods, this service records the quantities and costs associated with every inbound purchase, outbound return, inventory adjustment, and write-off loss. It translates inventory movements into accounting-compliant cost data, enabling you to accurately calculate your Cost of Goods Sold (COGS) and ending inventory valuation.
Included Services:
Recording Purchase Inbound Receipts: SKU, Quantity, Unit Cost, Total Cost
Recording Cost of Goods Sold (COGS) corresponding to sales shipments
Recording adjustments for inbound returns or outbound return shipments
Recording inventory count discrepancies (overs/shorts)—both quantities and monetary values
Recording quantities and cost values for scrapped or damaged products




