| Cost of goods
sold is the tracking of what you paid for an inventory
product versus what you markup you sold this product for.
Creating and tracking the cost
of goods sold is an important function to business
management. Using EZ-Zone software can make it an easy
event.
Start with the inventory
module - When adding your inventory items into the database,
put the wholesale cost of each item into the field called
"Control". If you have the supplier phone book
completed, add the supplier into the data file as well. This
way you can also track your sales by supplier.
When using the insert
inventory button on client files, this information will
automatically transport into the file.
Using the sales accounting
module the cost of goods sold report will function properly.
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