COGS Archives - LedgerGurus

4 methods for calculating Cost of Goods Sold (COGS)

COGS & Inventory

How to Calculate Cost of Goods Sold for Ecommerce Sellers

Estimated reading time: 9 mins Running a bustling ecommerce business is thrilling, but can also…

Stacy Walker

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cash vs. accrual accounting for inventory

Bookkeeping COGS & Inventory

Cash vs. Accrual Accounting: Which is Best for Ecommerce?

Estimated reading time: 11 minutes What is this debate between cash vs accrual accounting for…

LedgerGurus

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COGS & Inventory

How to Optimize Your Inventory Accounting for Your Ecommerce Store

Estimated reading time: 14 minutes When you’re running an ecommerce store, it is super important…

Kelley Birrell

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COGS & Inventory

Inventory Forecasting in Excel – A Template & Tutorial

Estimated reading time: 7 minutes Let’s talk inventory forecasting! It’s one of those accounting…

Kelley Birrell

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Bookkeeping COGS & Inventory

How to Record a Cost of Goods Sold Journal Entry

Estimated read time: 9 1/2 minutes In this post, we’ll discuss how to record a…

Kelley Birrell

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COGS & Inventory

3 Inventory Costing Methods | Pros, Cons, and How to Choose One for Your eCommerce Business

Inventory costing methods are vital for any business to monitor inventory and correctly capture its…

LedgerGurus

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COGS & Inventory

5 Tips on Choosing the Best Inventory Management Software for Your eCommerce Business

Knowing how to choose an inventory management tool is crucial. According to Yahoo Finance, “Each…

LedgerGurus

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COGS & Inventory

Demystifying Inventory and COGS Accounting for eCommerce Sellers

Most eCommerce small business owners have encountered their fair share of accounting mysteries, especially with…

Kelley Birrell

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General Business

The Impact of Inflation on Business in 2021 and What To Do

Has your business increased prices lately? Even if you have, it’s time to consider…

Stephen Brown

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Bookkeeping Outsourcing

How to Choose an eCommerce Bookkeeper

Looking for an ecommerce bookkeeper or accountant? Here at LedgerGurus, our services can be too…

Kelley Birrell

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