If you are hesitant about the impact of product and shipping has on your revenue, or if all the related factors seem too intimidating, you are not alone. I would almost say most online sellers are not trained accountants or bookkeepers.
At SellerVue, we understand this and strive to make sure users have access to accurate, automated, and trackable costs. Accurate Cost of Goods Sold are the foundation to a healthy bottomline.
The Things to Consider
As we begin working through this guide, it will be helpful if you would start to gather some basic information about your products. This will allow you to learn as we go through each step. Unsure of some of the information? Then just make notes as you go, and get back to those details when you can.