Cost of Goods Sold for WooCommerce review

  • 4.4 of 5 Rating
  • $49
Key Features
  • Track Product Costs and Profits
  • Add Product Costs
  • Detailed Sales Report
  • Stock and Potential Profit Report
  • Display Cost and Profits on Order Page
  • Customizable Report Columns
  • Bulk Import of Product Costs
  • Global Rules for Adding Costs
  • Well documented
  • Read more

Cost of Goods Sold for WooCommerce Overview
Cost of Goods Sold for WooCommerce is a comprehensive extension designed to enhance the financial tracking capabilities of your WooCommerce store. It provides store owners with the ability to monitor and evaluate the profit margins of their products, offering insights into both costs and profits.

Key Features
Track Product Costs and Profits:

Monitor the profit margins of each product.
Evaluate the profitability of products to make informed decisions.
Add Product Costs:

Input costs individually on product pages.
Bulk add costs using global rules or a CSV file import.
Detailed Sales Report:

View the actual profit earned during specific time frames.
Filter reports by specific products and categories.
Stock and Potential Profit Report:

Analyze the total stock value, potential costs, and profits.
Filter the report by specific products and categories.
Display Cost and Profits on Order Page:

View real-time cost and profit calculations on the orders list page.
Customizable Report Columns:

Customize the columns in the report based on your preferences.
Bulk Import of Product Costs:

Use a pre-defined CSV file to add costs to multiple products simultaneously.
Global Rules for Adding Costs:

Create rules to apply different costs to various products and categories.

Benefits of Using Cost of Goods Sold for WooCommerce
Informed Decision Making: With insights into product profitability, store owners can make better pricing, inventory, and marketing decisions.
Efficient Cost Management: Easily add and manage product costs, whether individually, in bulk, or using global rules.
Enhanced Reporting: Access detailed reports on sales, stock, and potential profits, providing a clearer understanding of the store’s financial health.
Time-Saving Bulk Import: Quickly update costs for multiple products using the CSV import feature.
Flexibility in Cost Assignment: Use global rules to apply costs based on fixed amounts or percentages, offering versatility in cost management.
Real-Time Insights: View real-time cost and profit data on the order page, enabling timely adjustments to product offerings.

Conclusion
The Cost of Goods Sold for WooCommerce extension is an invaluable tool for WooCommerce store owners looking to gain deeper insights into their product costs and profits. By providing detailed reports and flexible cost management options, this extension empowers merchants to optimize their product offerings, pricing strategies, and overall profitability. Whether you’re looking to track individual product costs, bulk import costs, or analyze profit margins, the Cost of Goods Sold for WooCommerce extension offers the features and functionality needed to enhance your store’s financial tracking capabilities.

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