Include Refunds in COGS Postings (Beta)

Include Refunds in COGS Postings (Beta)

You can now choose to include refunds as product returns in your COGS postings.

With this setting enabled, A2X will:

  • Calculate COGS for refunded SKUs
  • Add refund lines to your COGS postings
  • Posts to both your expense and inventory accounts

No more manual journal entries when a product is returned.

image.png

This feature accounts for the product refunds directly associated with a SKU and returned to inventory. If refunded products are not associated with a SKU or returned to inventory, a separate adjustment should be made.

**To enable:
**Go to Settings → Cost of Goods Sold, and check “Include refunds as returns”.
Then map your accounts for refund COGS.

Read the full support article here.

Save hours on your ecommerce accounting

A2X connects your sales channels and accounting software for fast and accurate monthly bookkeeping.

Try A2X today
Try A2X for free

Master your ecommerce accounting

Subscribe to receive a wealth of ecommerce accounting and bookkeeping insights, articles, and resources in your inbox.