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  2. Cost of Goods Sold for WooCommerce

Cost of Goods Sold for WooCommerce

Setup and Configuration

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Adding Cost of Products

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You can add product cost from:
  • Product Edit Sheet
  • CSV Import
  • Global Rules

Adding cost from product page

Edit any product to add its cost. For variable products, you can add cost from Product data > Variations. Each variation can have a different cost. While adding cost on product page, you can choose to lock this cost. Once locked, this cost will not update through global rules and CSV import but just from the product data screen.

Adding cost using CSV import

Go to WooCommerce > Cost of Goods > Import to download the pre-defined CSV file formate. Once the file is ready, you can select and import file to bulk update costs.
Example CSV file format: The first column includes product id, the second column is for product name and the 3rd column is the cost that will be populated on product pages. Please note the first and the 3rd column is mandatory for CSV import.

Adding cost from global rules

Using the global rules, you can add cost in bulk to selected products and categories. The cost can be a fixed amount or percentage of the existing product price. It’s helpful when you want to derive your cost from existing product prices.

Sales and Profit Reports

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Sales and profit report shows a clear picture of per product and aggregate profit margins during selected time period. You can filter reports by products and categories.

Stock and Potential Profit Reports

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Stock and profit report shows current stock value and potential profit. You can filter reports by products and categories.

Profit on Orders Grid

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The extension adds 2 new columns to show cost and profit on default order detail page.