NetSuite is #1 ranked cloud ERP software for SMBs in the market. We are a leading NetSuite Alliance partner that focuses on manufacturing and the only one that offers SmartFactory™ to extend NetSuite Production with MES and Machine Integration.
What is COGS
COGS or Cost of Goods Sold is a financial measure of the standard or actual costs of goods, products, or services that are sold. There are several Key Performance Indicators or measures related to COGS:
1) Gross Margin = Revenue - COGS
2) Gross Margin % = 1 - COGS/Revenue * 100%
3) Net Income = Revenue - COGS - Expenses
