Updating eBay COGS after changing Default Costs

Why isn't eBay COGS updating? Bulk Updating eBay COGS.

Updated over a week ago

After updating your default product costs in Settings > Default Costs, you have to select the Apply Default Costs button on the top of the Cost of Goods Sold tab for each payout already imported.



OPTION 1. Update Apply Default Costs for a Single Payout Period

This will update your COGS invoice for the payout based on the new default product costs.

If you have already sent the COGS invoice to QuickBooks, Wave, or Xero, you have to delete the COGS invoice, select Apply Default Costs, and resend.

Going forward taxomate will automatically apply these new costs to any payout imported after these changes were made.



OPTION 2. Bulk Apply Default Costs

To apply default costs to multiple payout periods, select each payout you would like to update.

Select the 3 dots on the toolbar and then Apply Default Costs to COGS.

If you have already sent the COGS invoice to QuickBooks, Wave, or Xero, you have to delete the COGS invoice, select Apply Default Costs, and resend.

You can do this easily via Bulk Deletion and Bulk Send:

👉 Going forward taxomate will automatically apply these new costs to any settlement imported after these changes were made.

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