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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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