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Cost of Goods Sold (COGS) Tracking

We are working on providing more transparency and tracking for products you are purchasing from your suppliers.

Sebastiaan Debrouwere avatar
Written by Sebastiaan Debrouwere
Updated over a week ago

We’re committed to enhancing the integration between Genie and Shopify to provide seamless workflows and real-time financial insights. By addressing key financial metrics like Cost of Goods Sold (COGS), we aim to streamline inventory management and decision-making for merchants.

Feature Overview:

We’re working on an update to automatically sync Cost of Goods Sold (COGS) between Genie and Shopify when stock is imported. This enhancement is designed to provide merchants with accurate, real-time financial data. Key features include:

  1. Automated COGS Updates: Ensure that Shopify reflects the latest inventory costs whenever stock is imported into Genie.

  2. User Preferences for COGS Synchronization: Allow merchants to set preferences for how and when COGS updates occur, offering greater control and flexibility.

This integration will simplify financial management, reduce manual updates, and provide users with timely insights into their inventory costs.

We’re enhancing the integration between Genie and Shopify to automatically update COGS when stock is imported, giving you real-time financial insights.

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