If you are using our Cost of Goods Sold Tracking feature or want to see inventory values for your inventory stored in Amazon warehouses using the Inventory Values page then you will first need to enter your product costs in Link My Books.
How to Enter Product Costs
Link My Books offers two main ways to enter your product costs:
Enter product costs as an average: This article focuses on this option.
Enter product costs monthly: This method is covered in a separate help article
To access the product costs page navigate to:
Inventory > Product Costs
On the first screen you will see a list of all of your products (SKUs) that Link My Books has detected whilst processing reports for your account. This list updates continually as we detect more and more SKUs in your reports.
You will enter your costs in the third column:
You can also change the currency you enter the costs in using this dropdown menu:
If you need to search for a specific SKU you can use the built-in search box by clicking the icon shown here:
If you have lots of SKUs it can be quicker to use the bulk upload feature where you will download a CSV file containing all of your SKUs. You can then enter the cost by opening the file in something like Excel and then saving it as a CSV again and uploading it here:
If you experience any issues with your bulk uploads please see this help article on how to open and save CSV files properly or reach out to the support team.
COGS are always in one currency, and so if you are purchasing in multiple currencies you would need to pick one currency and convert the others to that one.
If you have any questions about this article or feedback on how we could make it better please reach out to the support team via the blue chat icon on the bottom right of the page or via email to [email protected].