===== Why do I have zero COGS? Why do I have zero costs of goods sold? ===== Offtoa uses many of your stated assumptions to compute the COGS, so any of these could cause COGS on your income statement to be zero: - Raw Materials. You might have no raw materials. On the menu, select assumptions/costs/raw materials. This might be perfectly valid if you are a software company or a service company, for example. This is not acceptable if you are in manufacturing, wholesale, or retail industries. - Price of Raw Materials. The prices you pay for all your raw materials could be zero. On the menu, select assumptions/costs/raw materials. - No Raw Materials Used in Your Products. You may have indicated that no raw materials are being used in your products. On the menu, select assumptions/costs/cost of goods sold. - Not selling any products. If you don't sell any products during this period, you will not have any COGS. {{keywords>income statement, cost of goods sold, COGS, zero}} **Related Questions:** **[[:faqs:income-statement:how-calc-COGS|How does Offtoa calculate cost of goods sold?]]** **[[:faqs:raw-materials:how-raw-materials|Where do I enter/change raw materials?]]** **[[:faqs:cogs:relate-raw-to-product|How do I relate raw materials to products I sell?]]** **[[:faqs:income-statement:why-zero-COGS-product|Why do I have zero COGS for just one product?]]** **[[:faqs:income-statement:why-zero-COGS-market|Why do I have zero COGS for just one market?]]** **[[:faqs:raw-materials:how-change-price-raw-material|How do I change the price of a raw material?]]** **[[:faqs:sales:how-change-units-sold|How do I change the number of units that I expect to sell?]]** **[[:faqs:income-statement:how-hide-zero|How do I suppress a line of all zeros from a report?]]**