Cost of Goods for WooCommerce

Cost of Goods for WooCommerce is a plugin that helps WooCommerce store owners manage and track the cost of goods sold (COGS), allowing them to calculate the actual profit margin on each product. This plugin is essential for businesses looking to gain insights into profitability and optimize pricing strategies.

Key Features:

• Track Cost of Goods: Add the cost price for each product in your WooCommerce store, enabling you to track the actual cost and profit margin.
• Profit Reports: Generate detailed reports showing revenue, cost of goods sold, and profit margins, giving you insights into your store’s financial performance.
• Profit per Order: View the profit margin for each order by subtracting the total cost of goods from the order’s total revenue.
• Bulk Edit Costs: Quickly update or edit the cost prices for multiple products at once using the bulk editing feature, saving time on product management.
• Profit by Product: See which products generate the most profit by comparing their costs with revenue in a simple, easy-to-read report.
• Variable Products Support: Track costs and profits for variable products, ensuring accurate reporting even for items with multiple variations.
• Customizable Cost Fields: Add cost information directly to the WooCommerce product data panel, making it easy to input and update cost prices for all your products.
• Stock Value Report: Calculate the total value of your current inventory based on the cost of goods, helping with inventory management and financial forecasting.
• Order Cost Breakdown: View a detailed breakdown of costs, profits, and revenue per order, allowing for in-depth financial analysis on a per-order basis.
• Export Reports: Export your cost, profit, and revenue reports to CSV for further analysis, making it easy to share financial insights with accountants or team members.