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.

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.