🎯 Smarter Profit Tracking with FIFO: New COGS Method Now in Sellerboard

When you’re restocking products at varying supplier prices, your profit margins can quickly become disconnected from reality. That’s where precise COGS tracking comes in—and we’ve got a powerful new tool to help.

sellerboard now supports FIFO (First-In, First-Out) inventory accounting, giving you more accurate profit insights that reflect how your stock moves and what it costs you over time.

🔍 What is FIFO and Why Does It Matter?

FIFO (First-In, First-Out) is a cost accounting method that assumes the first inventory you purchase is also the first to be sold. It’s especially useful for sellers who:

Frequently restock their products
Experience cost fluctuations from suppliers
Want a more accurate picture of profit per unit sold

With FIFO enabled, sellerboard applies the cost of the oldest stock to your earliest sales—and continues through the batches chronologically. This ensures your profit numbers match the real financial impact of changing COGS.

⚙️ How to Enable FIFO for Your Products

You can activate the FIFO method using our advanced COGS editor, designed for precise cost tracking across batches and marketplaces.

Step-by-step setup:

Navigate to: Profit > Products
In the COGS Type dropdown, select
➝ By period/batch/marketplace
Click the COGS value for a specific ASIN to open the COGS Editor
In the Accounting method dropdown, choose
➝ FIFO (First In, First Out)
Add your batches:
- Enter the receipt date
- Input the stock quantity
- Define the cost per unit
To add more batches, click Add new batch
(Optional) Add cost components (e.g. production, shipping, packaging)
➝ Click the dropdown arrow next to Cost per unit and enter details

🎥 Want a walkthrough? Watch our short tutorial video to see FIFO in action.

📊 What Happens Behind the Scenes?

Once enabled, sellerboard automatically matches sold units to the earliest available batch. As those units are depleted, it continues with the next batch in line.

This leads to: