Cost of Goods: Product Cost & Profit Calculator for WooCommerce

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About this tool

“Best Plugin There is For Woocommerce Profit Calculation: I cannot believe how amazing this plugin really is! I don’t normally write reviews, but I have tested a couple of plugins to calculate profit etc. But this is by far the best. There are many options to choose from and once you get it all set, it works wonders. Also Pablo from support has been great! Thank you so much in abundance.” – ⭐⭐⭐⭐⭐ shahican Main Page | Support Forum | Documentation & How to | Demo Every WooCommerce store owner recognizes the significance of understanding their financial health, but pinpointing exact metrics like Cost of Goods Sold (COGS) can often be a complex chore with the default WooCommerce settings. So whether for a product, category, or the whole store, and for a specific period, a month, quarter, or any time frame you can think of, our plugin will give you a holistic overview of financial reporting for your WooCommerce store. In a nutshell, this what you’ll expect to get in this plugin: Customizable Product Costs: Define the costs of goods for each of your products to track profitability accurately Versatile Costs for Variable Products: Assign costs either to each individual variation or to all variations collectively, offering flexibility based on your product range Enhanced Admin Visibility: Add sortable columns in the WooCommerce admin section, providing insights into product/order cost and profit directly in product and order lists Smooth Data Import/Export: Effortlessly integrate product costs via CSV files, utilizing the standard WooCommerce Import and Export tools Bulk Edit Functionality: Modify product costs, prices, and stock in bulk from a dedicated page, streamlining inventory management Import from Other Metas: With the specialized import tool, bring in costs from other product metas to ensure consistent pricing data Optional Order Meta Box: Integrate a “Cost of Goods” meta box in the admin order edit page for deeper cost insights at the order level Profit Warning: Receive a notification on the admin order edit page when a particular order’s profit dips below zero Flexible Order Costs: Define additional costs either universally across all orders or on a per-order basis Automatic Average Cost Calculation Analytics Integration 🤝 Recommended By WPGlob: Best WooCommerce Pricing Plugins for WordPress 2023 PPWP Pro: Easy Way to Track Cost of Goods in WooCommerce Stores WooCommerce Features: Best WooCommerce Cost of Goods Plugins for Tracking Profit Download Free WP: Top Cost of Goods for WooCommerce WPFavs: Best COGS Plugin LearnWoo: Best WooCommerce Reporting and Analytics Plugins 🚀 Main Features: FREE Version 🚀 Product Cost of Goods Sold (COGS) Management 🚀 Cost of Goods Sold (COGS) & Profit Calculation Create a cost field for every simple product, variable, or variation to properly calculate profit Select to calculate profit based on the price with tax, without tax, or regular price Show & customize profit text, select to show profit, profit percentage, profit margin, or any mix of these values Get detailed figures by selecting how many decimal points to show in cost field for accurate reporting Select cost field location from different placements, you can insert in product page in General tab, pricing section, Inventory & SKU, or Advanced tab Show product cost & product profit in WooCommerce Admin list to have a general overview, as well as allowing to sort by cost & profit for all products at once 🚀 Save Historical Data for Cost of Goods By preserving past cost data, this feature enables businesses to track how the cost structure of their products has evolved, providing a clear window into shifts in supplier pricing, manufacturing costs, or other contributing factors. Such historical data becomes invaluable when analyzing profitability trends, forecasting future expenses, and making informed pricing decisions. 🚀 Order Cost of Goods Sold (COGS) & Profit Management 🚀 Calculate Cost & Profit by Order Show Profit & Cost of Goods Sold fields in WooCommerce admin orders list to easily track cost & profit per order For accurate reporting, select which order statuses to show costs values For Profit, select what columns to add, include any of profit, profit percentage, profit margin values to the orders columns ِAdd items cost field to order **edit ** page either as editable or just readonly Re-adjust order costs even after order is processed if cost changed, for a better & accurate reporting Edit order by items, or for the whole order at once Enable notification in order edit page in case order profit is below zero Import items costs when adding items to orders (in order edit page) 🚀 Total Order Cost & Profit Calculation Define options for order cost and profit calculations based on your financial standards Select to calculate order costs to be either subtotal including tax, total including tax, or total excluding tax Select to calculate order shipping costs in order profit (by percentage, i.e. including part of shipping cost or all of it) Add order fees to order profit Adds order taxes to the order profit Select when to calculate order profit based on order status 🚀 Refunded Orders Cost & Profit Calculation Calculate orders quantity by excluding refunded items Select to calculate refunds from many options: Profits ignoring refunds, subtract total refunded items from profit, subtract each item’s refund amount from profit, or go further and calculate profit by the difference between Net Payment and Cost Select to include tax on Net Payment 🚀 Orders Extra Costs Insert a fixed or percentage (from total order) extra cost to be added to all orders Choose to include meta box on order edit page to calculate extra costs like: Handling fees, Shipping Fees, or Payment fees (by order) Add extra costs by order meta (like Stripe & PayPal transaction fees) 🚀 Payment Gateways Cost Management Add fixed costs and/or percentage costs to orders based on the payment gateway which processed the order Works on default payment gateways (CoD, Direct transfers, CC) as well as any extra custom gateway used on your store 🚀 Shipping Methods Cost Management Calculate extra costs associated with each shipping method by fixed and/or percentage cost Use shipping methods instances (with shipping zones) instead of shipping methods Works on all shipping methods available on your store 🚀 Costs Bulk Edit Tools Navigating the financial aspects of a WooCommerce store can often be complex, especially when it comes to making widespread changes to product costs. Our plugin seamlessly addresses this challenge, introducing free tools that empower store owners to apply bulk changes to product costs, without the usual hassles, using these methods: Manual Edits: Dive into the details by manually editing the cost, regular price, sale price, stock, and even tags for each product By Price: Modify product costs based on a set percentage, offering a more uniform approach to price alterations By Profit: Add a specific percentage to ensure profitability is maintained or optimized across the board 🚀 Bulk Change Prices by Costs & Desired Profit Once you set product costs, you can use our built-in tool to change product prices based on a desired profit, either by a fixed amount or profit perecentageز 🚀 Import & Export Costs Import and export product costs from and to a CSV file with standard WooCommerce Import and Export tools You can also use our import tool if you need to import costs from another product metas 🚀 More Advanced Options Replace comma by dots when updating cost meta Create a new meta box on product page to calculate stock & cost per each stock received View history of Stock & Cost snapshots Unlimited costs update hooks that can be used to trigger cost update 🏆 Do More: PRO Version Everything highlighted above —and much more— is accessible in the complimentary version. However, for those seeking to elevate their experience and dive deeper, we offer the upgraded Cost of Goods for WooCommerce Pro plugin. Opt for the Pro version and discover a collection of more features, such as: 🏆 Advanced Bulk Edits Add Cost field to product bulk and quick edit Add “Add stock” fields (stock and cost) to product bulk and quick edit 🏆 Include Cost & Profit in Emails Opt in and include the order cost and profit on the admin new order email 🏆 Include Shipping Classes Costs Add extra costs for your orders based on product’s shipping classes Select fixed cost calculations per product, or per shipping class 🏆 Handle Multi-Currencies Stores Calculate order cost and profit based on custom exchange rates (Cost and profit will be converted to the shop base currency) Add extra costs based on the order currency 🏆 Orders Recalculation Tool Recalculate cost and profit for all orders Select to only recalculate cost and profit for orders with no costs Recalculate cost and profit for orders within specific time frame 🏆 Cost & Profit Data in WooCommerce Analytics Reports Add cost & profit to the report charts (Analytics > Orders tab) Add cost, profit & category columns to the report charts (Analytics > Stock tab) Add cost & profit including charts to the report charts (Analytics > Revenue tab) 🏆 Advanced Compatibility Options The plugin works seamlessly with tons of plugins, but for advanced harmony with some popular plugins, the plugin has advanced & tailored compatibility options with: Openpos – WooCommerce Point Of Sale (POS): Manages POS orders on orders reports Product Add-Ons by WooCommerce: Adds costs fields for the addons and creates an order meta with addons costs CURCY – Multi Currency for WooCommerce: Get currency rates from CURCY plugin instead of the Multicurrency > Order calculation option ExchangeRate-API: Get currency rates from ExchangeRate-API instead of the Multicurrency > Order calculation option Metorik: Sync cost with _wc_cog_cost meta WP All Import: Convert numbers with commas to dots & Remove all invalid characters from a float number, like curren

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Getting started

Follow these simplified steps to get your plugin up and running: From the WordPress Admin Panel: 1. Navigate to “Plugins” > “Add New”. 2. Use the search bar and find the plugin using the exact name. 3. Click “Install Now” for the desired plugin. 4. Once the installation is finished, and click “Activate”. Manual Installation Using FTP: 1. Download the desired plugin from WordPress.org. 2. Using your preferred FTP client, upload the entire plugin folder to the /wp-content/plugins/ directory of your WordPress installation. 3. Go to “Plugins” > “Installed Plugins” in your dashboard and click “Activate”. Manual download & upload from the WordPress Admin Panel: 1. Download the desired plugin in a ZIP format. 2. On your site, navigate to “Plugins” > “Add New” and click the “Upload Plugin” button. 3. Choose the downloaded plugin file and click “Install Now.” 4. After the installation is complete, click “Activate”. Post-Activation: Once activated, access the plugin’s settings by navigating to “WooCommerce > Settings” and look for the relevant tab.

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Frequently asked questions

What can I do if the cost field is not saving? If even after clicking “Update” on the product edit page the cost field is not saving, please try to change this option: – Cost field position What is the easiest way to export the full inventory (cost of all goods)? Probably the easiest way of doing it would be through the default WooCommerce export, over: – Products > All products > Export How do I bulk edit cost of goods for a specific product category? First, you have to enable two options: Products > Quick and Bulk Edit > Cost field > Add “Cost” field to product “Quick Edit” Products > Quick and Bulk Edit > Cost field > Add “Cost” field to product “Bulk Actions > Edit” And then you can follow these steps: Access your products listing page Filter by the category Select all Click edit on “Bulk actions” dropdown Edit the field you want

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