Average Cost of Goods Calculator

For cash accounting inventory purchases. This will work for any business that does cash accounting for inventory. It will meet the requirements the IRS has set forth for tracking inventory in Publication 538 but alleviates the struggle of maintaining inventory for individual items. Businesses with a total gross of under 26 million dollars may use this sheet to account for inventory,

This is an a-la-carte worksheet for Excel. It should be used by people that are using an alternative bookkeeping system to the one I provide. This sheet is included in the Simplified Accounting Workbook for Resellers.