Stock Periods & COGS
Stock periods break your inventory into accounting periods, like a week or a month, so you can see your cost of goods sold (COGS): how much food you actually used in that time.
Stock Periods Overview
What it is: A stock period is a stretch of time with a beginning and ending inventory value. Prep Station adds up everything that changed your stock during the period and calculates COGS from it.
Why you'd use it:
- Know your real food cost each week or month
- Compare purchases, waste, and food cost from one period to the next
- Lock past periods so later changes don't rewrite your numbers
How it's calculated:
COGS = Beginning Inventory + Purchases − Ending Inventory
Example:
Beginning Inventory $8,200
+ Purchases $5,600
− Ending Inventory $7,900
= COGS $5,900
Period Statuses
| Status | What it means |
|---|---|
| Open | The current period. Values update live as stock changes. |
| Closed | Ending inventory was captured and COGS calculated |
| Locked | Final. No further changes affect its COGS. |
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Step-by-step instructions, screenshots and videos for every part of Prep Station are available to everyone on a Prep Station account.
Also in this guide
- Setting Up Stock Periods
- Starting Your First Period
- Closing a Period
- COGS Reports
- Common Questions
- Next Steps
Last updated: November 14, 2026