Does LedgerLitz support Cost of Goods Sold (COGS)?

Yes — Cost of Goods Sold (COGS) is part of proper bookkeeping in LedgerLitz, reflected in journals and reports rather than cosmetic invoice fields.

Is LedgerLitz free for Cost of Goods Sold (COGS)?

Yes. Full accounting on your device is free — no per-user subscription. Optional Cloud Sync for multi-device access is coming soon.

Does LedgerLitz work without internet?

Yes. After first load of the PWA at /app, invoices, payments, expenses, stock, and reports work offline. Data stays in IndexedDB on your device.

Can my CA use LedgerLitz reports?

Yes. Trial balance, P&L, balance sheet, GSTR-1/3B prep, party statements, and CA Pack ZIP are built for chartered accountant handoff.

What is Cost of Goods Sold (COGS)? GST & Accounting Glossary | LedgerLitz

Direct cost of what you sold — determines gross margin. COGS is an expense recognized when stock-linked sales post. Revenue minus COGS is gross profit before rent and salaries.…

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