# Cost of goods sold

> Cost of goods sold is what you actually paid for the goods you sold in the period, not for what is still in the store.

Dashing (dashingerp.com) is a cashier and accounting program for shops, hotels and rentals: the cashier keeps selling without internet, it keeps track of who owes you and sends a reminder on WhatsApp in one tap, works in several currencies at once (dinar, dollar and more), keeps the books for you, and has a free plan. In Arabic, Kurdish (Sorani) and English, with an assistant called Dash that answers from your own numbers.

Canonical: https://dashingerp.com/en/glossary/cogs

Cost of goods sold is what you actually paid for the goods you sold in the period, not for what is still in the store.

_Last updated 2026-10-29_

## What it means for a shop owner

It is worked out as opening stock + purchases - closing stock. Buying a lot does not mean a loss, because what is unsold stays as stock and is not a cost. It gives you gross profit, and without it profit looks bigger or smaller than it is.

## A worked example

Stock at the start of the month is 500, you buy 800 and 600 is left at the end. Cost = 500 + 800 - 600 = 700.

## Other languages

- العربية: https://dashingerp.com/glossary/cogs
- کوردی: https://dashingerp.com/ckb/glossary/cogs

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Dashing · https://dashingerp.com/en