PLEASE NOTE: Inventory reports will be depreciated within the next few months. Each settlement will have a COGS invoice for the period.
Inventory reports allow you to calculate your Cost of Goods Sold (COGS) in taxomate on a monthly basis and send a summary (total COGS) invoice to QuickBooks or Xero.
taxomate separates the inventory reports from the settlements for ease of use.
For each monthly inventory report you can override your default costs for an SKU. For example, the SKU cost for that month increased or decreased.
Here is an example summary invoice that were was sent to QuickBooks.
Inventory reports are pulled into taxomate when you initially sign up, every two weeks, and when they are manually requested.