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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 COGSFIFO layers & how COGS is realized
choose between revaluing, rebuilding, and recalculating a costCorrecting COGS: revalue vs rebuild vs recalculate
browse, filter, and archive FIFO layersBrowse & manage FIFO layers
change the cost on one FIFO layer or manyRevalue COGS (single, bulk & the COGS report)
check cost consistency and rebuild COGS for your productsRebuild COGS & the SKU COGS Health dashboard
fix a unit cost on a purchase order you've already receivedCorrect a cost on a received purchase order
add a late freight or service bill to received stockAdd a landed cost after receiving
choose which late costs apply on their own and which wait for reviewChoose which cost changes wait for review
trace a late cost through every layer, sale and month, then restate it or carry it forwardReview a late cost change and trace its impact
look up FIFO layer fields, cost sources, and revaluation reasonsFIFO layer fields, statuses & enums
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