Skip to main content
Inventory and COGSInventory and COGS

How to Track COGS Properly for an Online Store

If your COGS is wrong, every margin number on every dashboard is wrong. Here's the operating model we use with our clients.

The CORA Team· Ecommerce bookkeeping specialists8 May 2026

Cost of goods sold is the most-ignored, most-fudged number on the ecommerce P&L. Inventory apps quietly diverge from the ledger; freight and duty get miscoded; supplier discounts disappear into a cash account.

The fix is a discipline, not a plugin. Reconcile inventory monthly, capture landed cost properly, and post a single COGS journal at month-end based on actual movements.

Want this sorted in your books?

We do ecommerce bookkeeping for online brands. Multi-channel, accurate COGS, BAS lodgements you can trust.