A free cost of goods sold template is presented in this post, which is prepared in MS Excel. It gives comfort of adding name and designation of the authorized person which is preparing this statement. You can insert account principle which is being in used in account system along with other data. This statement consist on various segments; starting with actual inventory record to available cost of goods sold till ending inventory record. The authorized person is further required to take its print and mark his/her signature to validate its authenticity.