Cost of Goods Sold (COGS) Accounts in CoreBridge allow you to track expenses related to materials and production costs associated with your orders. Each COGS Account in CoreBridge should correspond to the same account in your accounting software, such as QuickBooks or Xero, to ensure accurate reporting and synchronization.

Note: Before beginning, gather all of your Cost of Goods Sold accounts along with their related account numbers or GL codes. If you are part of a franchise, you may only be able to add sub-accounts depending on your franchise’s requirements.

Each account must have a unique name. Even if your accounting application allows duplicate names, CoreBridge requires all accounts to be distinct for syncing. If necessary, update your accounting application so that each COGS Account name is unique before syncing.

Table of Contents

• Adding COGS Accounts
• Editing COGS Accounts

Adding COGS Accounts

1. Navigate to Management Module / Global Settings / Accounting Settings / COGS.

2. Enter the GL Code or Account Number.

3. Enter the Expense Account Name that matches the GL Code in your accounting software.

4. If the COGS Account is a sub-account, enter the Parent Account.

5. Click Add Account to save.

Editing COGS Accounts

1. Once you’ve added accounts, you can update them by clicking Edit.

2. You can activate or deactivate an account by clicking on the Status button.