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an image showing a calculator, a cost of goods sold worksheet, a notebook and a tax form

COGS + Inventory: 3 Reasons Handmade Sellers Can’t Ignore

Tracking Cost of Goods Sold (COGS) and inventory can feel confusing because bookkeeping, pricing, and taxes all use them differently. This post breaks down the 3 real reasons handmade sellers need to track COGS + inventory — with a full start-to-finish example so your numbers (and profit) finally make sense.