To calculate your Cost of Goods Sold (COGS) on Amazon, add up the cost of purchasing inventory, shipping fees, Amazon FBA fees, and any related expenses. Subtract unsold inventory value from total costs. Accurate COGS tracking ensures proper profit calculation and tax reporting. An Amazon accounting expert can help streamline this process for accuracy and compliance. To know more visit here https://straighttalkcpas.com/accounting-services/ecommerce/amazon
