Other
Cost of Goods Sold (COGS)
Also known as: COGS, Cost of Sales
The direct cost of the inventory you sold in a period: what those units actually cost you to buy and land, not what you sold them for. COGS is booked against revenue to reveal gross profit. For importers, accurate COGS means folding freight and duty into unit cost, not just the supplier price. Landara calculates COGS on every Shopify order and hands you a journal to post.
Cost Category
Cost of Goods Sold (COGS) is classified as a Other charge in landed cost calculations.
Other charges include storage, packing, labeling, and miscellaneous service fees.
Related Keywords
cogscost of goods soldcost of salesgross profitmargin
Calculate your landed costs automatically
Landara's AI extracts charges like Cost of Goods Sold (COGS) from your freight invoices and allocates them across your products automatically.