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Cost of Goods

Easily track profit by including your cost of goods in your orders and reports.

Cost as percentage (or markup)

I am contemplating purchasing this plugin, but the only way it would work for me is if I can enter the price as a percentage (or if I can enter the markup used to calculate the price). I’m not sure if this is currently already an option or not. We use a custom-developed plugin that dynamically creates a price based on a number of variables for a single product we sell. For example, our cost for this product is always consistently calculated by dividing our 60% markup (cost = price of item divided by 1.6). So while the price of the product that the customer pays may be different on each order (or each line item), our cost can always be calculated by what our markup is.

Please let me know if this is an existing feature or something you may consider adding so that I can enter either the markup used (or the rate at which the price needs to be divided by). I am happy to provide more details and better explain the basic formula for this in case what I wrote was confusing.

Author

jetpackmike2000

Current Status

Open

Last updated: December 18, 2022

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