← Glossary
Reporting
Cost of Goods Sold (COGS)
Cost of goods sold (COGS) is the direct cost of producing the goods or services a business sells (materials, direct labor, and production overhead), subtracted from revenue to get gross profit.
Rexfin ties COGS actuals back to the ERP exports and invoices they came from, so gross-margin analysis starts from figures that already reconcile.