Costing (FIFO & COGS)

Every unit you receive carries a cost in a FIFO layer, and that cost becomes your cost of goods sold when the unit ships. Read the two concept pages first: one on how layers work, one on choosing the right correction. Then use the task pages to browse layers on Inventory → FIFO Layers, revalue or rebuild costs, and apply late supplier price changes or freight bills to stock you've already received.

To…	Go to…
understand how FIFO layers carry cost and turn it into COGS	FIFO layers & how COGS is realized
look up FIFO layer fields, cost sources, and revaluation reasons	FIFO layer fields, statuses & enums

FIFO layers and cost changes

Browse your FIFO layers, choose which late cost changes wait for review, and trace a late cost's impact. Start at FIFO layers and cost changes.

To…	Go to…
choose which late costs apply on their own and which wait for review	Choose which cost changes wait for review
browse, filter, and archive FIFO layers	Browse & manage FIFO layers
trace a late cost through every layer, sale and month, then restate it or carry it forward	Review a late cost change and trace its impact

Correct COGS

Choose between revaluing, rebuilding and recalculating, then fix a cost on a layer, a product, a received PO or a late landed cost. Start at Correct COGS.

To…	Go to…
choose between revaluing, rebuilding, and recalculating a cost	Correcting COGS: revalue vs rebuild vs recalculate
change the cost on one FIFO layer or many	Revalue COGS (single, bulk & the COGS report)
check cost consistency and rebuild COGS for your products	Rebuild COGS & the SKU COGS Health dashboard
fix a unit cost on a purchase order you've already received	Correct a cost on a received purchase order
add a late freight or service bill to received stock	Add a landed cost after receiving