# Inventory & COGS

Learn how inventory and COGS are tracked.

By Emily and 1 other 2 authors 19 articles

## Tracking Inventory in Finaloop

Learn more about the different inventory tracking methods in Finaloop

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- [How to choose your COGS tracking method in Finaloop](https://help.finaloop.com/en/articles/9543974-how-to-choose-your-cogs-tracking-method-in-finaloop)

### Purchase-Based COGS

Expense inventory costs directly when purchased (and not when sold)

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- [Purchase based COGS: Everything you need to know](https://help.finaloop.com/en/articles/9570599-purchase-based-cogs-everything-you-need-to-know)

### Sales-Based COGS

Real-time inventory and COGS based on an average landed cost you track

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- [Sales based COGS: Everything you need to know](https://help.finaloop.com/en/articles/9419220-sales-based-cogs-everything-you-need-to-know)
- [Merging multiple products](https://help.finaloop.com/en/articles/9822434-merging-multiple-products)
- [How to calculate your landed cost per unit](https://help.finaloop.com/en/articles/7175813-how-to-calculate-your-landed-cost-per-unit)
- [Updating inventory based on physical counts](https://help.finaloop.com/en/articles/10506476-updating-inventory-based-on-physical-counts)
- [Managing Dropshipping (Sales-Based COGS)](https://help.finaloop.com/en/articles/12807975-managing-dropshipping-sales-based-cogs)
- [Reporting inventory restocks](https://help.finaloop.com/en/articles/12942201-reporting-inventory-restocks)

## InventoryIQ

Create POs and track inventory & COGS using our inventory tracking system

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- [Inventory IQ: Everything you need to know](https://help.finaloop.com/en/articles/9813151-inventory-iq-everything-you-need-to-know)
- [Step-by-step guide to setting up InventoryIQ](https://help.finaloop.com/en/articles/9887753-step-by-step-guide-to-setting-up-inventoryiq)
- [Managing recipes & assemblies](https://help.finaloop.com/en/articles/9822545-managing-recipes-assemblies)
- [Managing your POs in Finaloop](https://help.finaloop.com/en/articles/9744226-managing-your-pos-in-finaloop)
- [Import Purchase Orders from CSV](https://help.finaloop.com/en/articles/14321904-import-purchase-orders-from-csv)
- [InventoryIQ Troubleshooting](https://help.finaloop.com/en/articles/9888219-inventoryiq-troubleshooting)
- [Fixing Negative Vendor Balances](https://help.finaloop.com/en/articles/10917278-fixing-negative-vendor-balances)
- [InventoryIQ: Adding adjustments based on a physical count](https://help.finaloop.com/en/articles/10506743-inventoryiq-adding-adjustments-based-on-a-physical-count)
- [Connecting your 3PL and WMS](https://help.finaloop.com/en/articles/12284960-connecting-your-3pl-and-wms)
- [Why do I have units with missing costs?](https://help.finaloop.com/en/articles/10740901-why-do-i-have-units-with-missing-costs)