Managed COGS for Walmart: Accurate Gross Margins Without an Inventory System

Walmart sellers asked. We delivered.

We’re excited to announce Managed COGS for Walmart — a new enhancement to Bookkeep’s Managed COGS product designed specifically for Walmart Marketplace sellers who need accurate cost tracking without implementing a full inventory management system.

The Problem: Walmart Doesn’t Provide Cost Data

Unlike some ecommerce platforms or marketplaces, Walmart does not provide product cost data within its reporting. That creates a major accounting gap:

• Revenue is recorded.
• Fees are recorded.
• But Cost of Goods Sold (COGS) is missing.

Without COGS:

• Gross margin reporting is incomplete.
• Financial statements are distorted.
• Profitability analysis becomes guesswork.
• Finance teams resort to manual spreadsheets.

For sellers not using a dedicated inventory system, this has been a persistent challenge.

Until now.

The Solution: Managed COGS for Walmart

With this new enhancement, Walmart sellers can now:

• Input product cost data directly inside Bookkeep
• Automatically calculate and post COGS entries
• Maintain proper accrual-based accounting
• Generate accurate gross margin reporting

All without requiring a standalone inventory management system.

Bookkeep handles the automation — summarizing orders and syncing clean journal entries to:

• QuickBooks Online
• Xero
• Sage Intacct
• NetSuite
• Zoho Books

Now your Walmart accounting reflects:

• Revenue
• Fees
• Refunds
• Sales tax
• And now COGS

Automatically.

Why This Matters

Accurate COGS isn’t just about cleaner books.

It’s about:

• 📊 Reliable gross margin reporting
• 📈 Better pricing decisions
• 💡 Clear channel-level profitability
• 🧾 Accurate accrual based accounting
• 🚫 Eliminating manual month-end adjustments

If you’re selling on Walmart — especially alongside Shopify, Amazon, or other channels — this ensures your financial reporting remains consistent and accurate across platforms.

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