57 tagged with "Cost of Goods Sold"
Learn how to calculate and track cost of goods sold for inventory valuation
Life After Section 321: How Small E-Commerce Importers Are Rebuilding Landed Cost, Pricing, and Cash Flow in 2026
A practical guide for Shopify and Amazon FBA sellers on rebuilding landed cost, pricing, and bookkeeping after the May and August 2025 suspensions of the Section 321 de minimis exemption, with line-by-line duty math, entry-type tradeoffs, and cash-flow tactics.
State EPR Packaging Laws Are Now a P&L Line Item: The 2026 Compliance Playbook for CPG Brands, Shopify Sellers, and Amazon FBA Operators
Six U.S. states now enforce Extended Producer Responsibility laws for packaging, with fee invoices arriving in 2025 and 2026. Here is how California SB 54, Oregon's Recycling Modernization Act, and Colorado's HB22-1355 reshape CPG brand P&L, plus the SKU-level bill of materials, ship-to-state allocation, and inventoriable vs. SG&A accounting treatment required for clean 2026 filings.
Artisan Cheese Maker and Farmstead Creamery Bookkeeping: How to Track Milk-to-Wheel Costs, Aging Cave WIP, and Yield KPIs Without Losing Your Margin
A practical accounting guide for farmstead creameries covering Section 263A inventory capitalization, aging cave WIP cost layers, FDA Pasteurized Milk Ordinance and 21 CFR 133 raw milk compliance, Section 179 equipment treatment, channel-specific revenue recognition under ASC 606, and the yield and cost-per-wheel KPIs that separate sustainable cheesemakers from hobbyists.
Ghost Kitchen and Virtual Restaurant Bookkeeping: How Multi-Brand Delivery-Only Operators Untangle DoorDash, Uber Eats, and Grubhub Revenue Under ASC 606
How multi-brand ghost kitchens record gross revenue under ASC 606, segregate marketplace-facilitated sales tax from DoorDash, Uber Eats, and Grubhub payouts, allocate shared kitchen costs across virtual brands, and compute contribution margin per brand and platform.
Cannabis Dispensary Bookkeeping Under Section 280E: COGS, METRC, FinCEN BSA, and the KPIs MSOs Track
How disciplined cannabis dispensaries build books that survive Section 280E—segregating COGS from disallowed expenses, applying the Section 471(c) small-taxpayer carve-out, reconciling METRC to the POS to the general ledger daily, handling FinCEN BSA cash-banking and Form 8300 reporting, and reporting the sales-per-square-foot and basket-size KPIs MSO lenders read.
Culinary School and Cooking Academy Bookkeeping: Recognizing Prepaid Tuition Under ASC 606, Tracking Ingredient COGS Per Lab Session, and Surviving the Title IV Audit
How accredited and recreational culinary schools should defer tuition under ASC 606, allocate ingredient COGS per lab session, handle Title IV refund calculations, classify chef instructors, and apply Section 179 and 2026 bonus depreciation to kitchen build-out.
The Decorator's Profit Math: A Bookkeeping Guide for Custom Screen Printing and Embroidery Shops
Custom decorator shops sit at the crossroads of manufacturing, retail, and service work. This guide walks through the four-layer job cost model, ASC 606 treatment of customer deposits on custom goods, Section 179 expensing of presses and embroidery machines, and the press-hour and stitch-hour KPIs that separate profitable shops from merely busy ones.
Handcrafted Soap, Candle, and Cosmetics Maker Bookkeeping: A Schedule C Survival Guide for Cottage Producers
How solo soap, candle, and natural cosmetics makers should structure Schedule C books — recipe-card COGS, the MoCRA small business exemption (under $1M average gross sales), the $2,500 de minimis safe harbor versus Section 179, and multistate sales tax across Etsy, Faire, and direct channels.
Independent Microbrewery and Taproom Bookkeeping: From Mash Tun to Margin
A craft barrel sold through a taproom can fetch over $1,200 in revenue while the same barrel through distribution brings $160 to $220. Independent breweries need bookkeeping that captures Section 263A WIP cost layers, TTB Form 5130.9 excise tax filings, CBMA reduced rates, three-tier channel margins, keg deposit liabilities, and Section 179 brewhouse depreciation to see which channel actually pays the bills.
Specialty Butcher Shop and Custom Meat Processor Bookkeeping: A Whole-Animal Cost, Yield, and Compliance Playbook
A working playbook for specialty butcher and custom meat processor bookkeeping — cutout-based costing, Section 263A work-in-process inventory, USDA classification rules, Section 179 equipment treatment, and the yield KPIs that protect per-carcass margin.
Specialty Coffee Roaster Bookkeeping: Green Coffee Lot Costing, ASC 606 Subscriptions, and SCA Benchmarks
Specialty coffee roasters lose 13-20% of green weight to roasting plus 1-2.5% to bag overfill, and most under-cost roasted inventory as a result. This guide covers lot-level standard costing, ASC 606 subscription deferred revenue, Section 263A producer capitalization, and Section 179 expensing on drum roasters, with SCA benchmarks for gross margin, DTC churn, and inventory turns.
Wine and Spirits Importer Bookkeeping: TTB Bonded Inventory, CBMA Refunds, Currency Hedging, and Depletion KPIs
How wine and spirits importers and beverage distributors build defensible books—segregating bonded vs. tax-paid inventory, accruing CBMA excise tax refunds under ASC 450, remeasuring foreign-currency payables under ASC 830, reconciling TTB Form 5000.24 to the general ledger, and tracking the cases-per-rep, depletion rate, and gross-profit-per-case KPIs the industry actually lives by.