You can easily monitor profit by include your cost of goods in your orders and reports.
Full-featured tracking of profits and costs for your WooCommerce store.
WooCommerce plugin provides excellent revenue and top-seller/earner data. We’ve included Profit Reporting to make these reports even more useful! You may calculate not just income but also expenses and profit from inside your WooCommerce shop. Quickly and simply get the information you want to make marketing and sales choices that will maximize your store’s earnings.
Woocommerce Cost of Goods Profit to date
Profit By Date Report
By adding a “Cost of Good” feature to basic and variable items, you can easily monitor overall profit and costs. Costs are immediately computed at checkout, allowing you to see your profit in addition to basic sales data, and detailed reports offer just the information you need to optimize your bottom line.
WooCommerce Cost of Goods Product Table Display
Costs in the Product Table Display
How “Cost of Goods” Can Improve Your Reporting
Gives you crucial information about your company, including information about store profit and most successful goods, so you know about more than simply income.
Add a Cost of Good to each product (including variants!) to determine the overall costs of items sold in each order.
Apply expenses to earlier orders (made before installation) when you establish the product cost.
View profits and costs by date period, product, or product category. NEW
Export profit/cost report data to CSV NEW
Include expenses in orders exported using Order/Customer CSV Export Suite.
Include expenses in orders exported using Customer/Order XML Export Suite NEW.
Compatible with the Product CSV Import Suite
NEW: Edit line item pricing for editable orders.
Gain information into your most successful and least profitable sales so you can concentrate your marketing efforts.
View a complete inventory value based on retail pricing or the cost of products.
Easily see expenses adjacent to pricing in your product management table display.
Add Costs to Products.
Quickly add a Cost of Good to each product, including product variants, which is then used to compute your overall order expenses, ensuring that you always know what you really earned on each sale, not just how much you sold. Total costs for each order line item are stored at checkout, ensuring that even if your expenses rise in the future, your total costs remain historically correct.
Woocommerce Cost of Goods Simple Product Cost Configuration
Simple Product Cost Configuration
It is very straightforward to add charges to variable goods. You may define a default cost for all variants or set fees for each variation individually.
Focus Your Marketing on Top Products
The Cost of Goods extension enables you to identify your genuine top items by displaying which products are most profitable and least profitable for your business, rather than simply those that produce the most income.
WooCommerce’s cost of goods widget displays the most lucrative items.
The WooCommerce Cost of Goods widget displays the least profitable goods.
Perhaps you use the WooCommerce URL Coupons plugin to monitor pay-per-click or print advertising? Now you know which goods to produce coupons for since you know which will generate the greatest revenue for your shop.
Detailed Reporting
Tracking your cost of goods is worthless without detailed reporting that provides actionable information to help you increase your profitability. Reports include:
Profit by date – View your net sales, cost of goods, profit, and average profit per order over any date range.
Profit by product – View your net sales for the item, total costs, total item profit, and total item purchases for the specified time period.
Most/Least lucrative Sellers – View the most and least lucrative goods for a certain period range.
Profit by category – View the overall profit for a single product category or numerous categories over a given time period.
Inventory Valuation – View the overall worth of your inventory as determined using the retail price or the cost of goods.
WooCommerce Cost of Goods Profit per product.
Profit by Product Report
WooCommerce Cost of Goods Product Valuation Report
Product valuation
WooCommerce Cost of goods total valuation
Total inventory values.
Powerful Configuration
You may add expenses to prior orders to get a quick idea of profitability. Simply enter costs for your items, and any orders made prior to activating this extension may be updated from Settings > items > Inventory to show the most and least lucrative sellers without waiting for fresh sales to come in.
Woocommerce Cost of Goods Profit by Category
Profit By Category Report
How To Get Started
Buy this extension! 🙂
Download and install in your WooCommerce shop.
enter a cost to each of your goods (you can also enter this in bulk!).
Optionally, apply those charges to past orders.
View your earnings under WooCommerce > Reports > Profit.
That is it! Sit back and enjoy your new Profit Reports!
Need more reason to buy? When you buy a SkyVerge-developed extension, you receive the best extensions for your WooCommerce business. Get piece of mind knowing that when you buy our goods, your store’s performance is just as essential to us as it is to you.
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