Xero - Posting COGS/COS to Xero

Xero - Posting COGS/COS to Xero

Xero - Posting COGS/COS to Xero

Overview

Although Expandly does not post COGS (cost of goods sold)/COS (cost of sales) to Xero, there are different options available to help you handle this. In this guide we will explain these options, so you can decide what option works best for you and your business needs:

Option 1:

The most popular option, to handle COGS/COS, is to send the invoice Expandly to Xero, with product SKU on each invoice line. This will trigger Xero Inventory Tracking, and will handle the COS journals for you. 

As long as SKUs have been set up in Xero (prior to sending orders over), this will trigger the update for you.

Once SKUs are set up on Xero, you can simply switch 'Send SKU to Xero' to 'On' via the your Configure Xero page on Expandly: and this will immediately trigger the Xero Inventory tracking functionality:

mceclip0.png

Option 2:

If you do not wish to use Xero Inventory Tracking to handle COGS/COS, you could instead run Sales Reports in Expandly, to extract the required Quantity and Cost Price information to allow you to manually post the COGS journal in Xero.

Need more help? 

If you need more help, no problem. Contact us and we'll be happy to help. 

mceclip1.png

 

    • Related Articles

    • Using Xero

      Using Xero Overview In this guide, we will show you how to add and configure your Xero account in Expandly. Adding your Xero account to Expandly 1. Click Settings (left menu) and then Xero 2. On the Configure Xero page, click (top right) to be ...

    • Reactivating Xero on Expandly

      Reactivating Xero on Expandly Overview There may be times when your Xero connection becomes disconnected on Expandly. This could be due to a number of reasons however is most commonly occurs for security purposes, when Xero carry out upgrade or ...

    • Xero problem-solving

      Xero problem-solving Overview In this guide, we will cover some Xero problem-solving related topics, which should help with problems you may have come across when setting up/pushing orders over to Xero. I'm having tax rounding issues on WooCommerce ...

    • Importing Xero currencies

      Importing Xero currencies Overview In this guide, we will show you how to import your Xero currencies into Expandly. Making sure currencies are up-to-date in Expandly is really important to ensure that when orders are imported, we have a link to you ...

    • Common Xero errors

      Common Xero errors Overview: On occasion, errors may occur which prevent you from sending your order(s) over to Xero. In this guide, we will show you some of the most common errors that occur, and how you can resolve them. 1. Organisation not ...