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Cost of Goods Sold (COGS) Calculator

Direct costs of production.

How to use Cost of Goods Sold (COGS) Calculator

  1. Start Inventory: Value at start of year/month.
  2. Purchases: Costs added during period.
  3. End Inventory: Value left at end of period.
  4. Calculate: Total Cost of Goods Sold.

About Cost of Goods Sold (COGS) Calculator

The COGS Calculator (Cost of Goods Sold) tallies the direct costs involved in producing your goods.

It follows the formula: Beginning Inventory + Purchases - Ending Inventory. Accurate COGS is required for tax reporting.