Description
💼 COGS Calculator – FIFO / LIFO Inventory Costing in Excel (.xlsm)
Take full control of your inventory costing with our COGS Calculator, a smart and automated Excel tool that calculates your Cost of Goods Sold using FIFO (First In, First Out) or LIFO (Last In, First Out) — perfect for small businesses, eCommerce sellers, and accountants.
⚠️ Note: This is a macro-enabled Excel file (
.xlsm
). You must enable macros for the tool to work properly.
✅ Features You’ll Love:
- Automated COGS Calculation
Just input your sales and purchases – the macro does the matching and pricing for you. - Supports FIFO & LIFO Methods
Easily switch between methods with a dropdown. Purchases are sorted dynamically by date for accurate cost matching. - Easy-to-Use Interface
Includes a guided dashboard and buttons to calculate COGS, reset data, and choose accounting method. - Reset Button with Confirmation
Clear all sales, purchase usage, and example data with one click – only if you confirm. - Relatable Example Data
Comes with sample products like t-shirts, sneakers, and accessories to help you understand the structure quickly. - Built in Excel (.xlsm)
100% editable and customizable. No add-ins or external software required.
📦 What You Get:
- Excel File:
COGS_Calculator.xlsm
- Sample data (products, purchases, and sales)
- Built-in instructions & reset button
- Lifetime access
- Compatibility: Excel 2016 and up (Windows recommended)
👤 Who Is It For?
- Shopify / Etsy / Amazon sellers
- Small business owners & managers
- Accountants and bookkeepers
- Inventory & operations professionals
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