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Record when you last counted stock

Open this in Talisk HQ

Your cost of goods is only as good as your last stock count. Recording the date tells anyone reading your numbers, including your accountant, how recently the ledger was checked against what is physically there.

  1. Go to Ledger › Setup and click Edit on the book.
  2. Under Track cost of goods sold from Shopify product costs, fill in Stock last counted with the day you actually counted.
  3. Optionally add What the count covered, for example "main warehouse only", if the count was not of everything.
  4. Save.

The date then appears in three places: the header of your Profit & Loss whenever the report shows cost of goods, the Ecommerce › Overview figure, and the cover sheet of your accountant handover pack.

When it starts warning you

TALISK_HQ shows the date plainly for about a month, then in a muted tone up to a quarter. Past a quarter, or if you have never recorded a count, the Ecommerce overview stops presenting its headline as a settled figure and shows the age of the count instead. The number itself never changes and is never hidden: what changes is the claim, because a cost of goods nobody has checked against real stock is a number worth reading carefully.

The fix is the same in every case. Count your stock, then come back and record the date.

This is not the cost of goods start date

Turning on cost of goods tracking also stamps a start date, which controls which payouts book cost of goods entries. That one affects your ledger. The stock count date does not: it is your statement about the physical world, and moving it posts nothing and changes no figure. A book can easily have an old start date and a count from this morning, and both are true at once.

Good to know: This is a date you declare, not a count Talisk performs. Talisk records the cost of goods as stock sells; it never sees your shelves, so nothing here adjusts inventory, posts an entry or changes a figure on any report. Any difference between your ledger and what you actually counted is a year-end adjustment for your accountant. The field appears only on books that track cost of goods, and it covers the whole book, not one location.