WooCommerce Cost of Goods
WooCommerce Cost of Goods is a powerful plugin that helps store owners track product costs, calculate profits, and optimize pricing strategies. By integrating seamlessly with WooCommerce, it provides detailed insights into inventory expenses, profit margins, and sales performance. Here are its key features:
✨ Key Features:
1. Cost Tracking & Profit Calculation
- Set individual cost prices for products and variations.
- Automatically calculate gross profit per order and product.
- View profit reports to analyze business performance.
2. Bulk Cost Management
- Import/export product costs via CSV for easy updates.
- Apply bulk cost adjustments to multiple products at once.
3. Advanced Reporting
- Generate profit reports by product, category, or date range.
- Compare revenue vs. costs to identify high-margin items.
- Export reports in CSV for further financial analysis.
4. Inventory Valuation
- Track the total cost of inventory in stock.
- Monitor inventory turnover and optimize stock levels.
5. Integration & Compatibility
- Works with WooCommerce Subscriptions, Bookings, and other extensions.
- Supports multicurrency stores (with WooCommerce Payments).
6. Tax & Discount Handling
- Includes/excludes taxes and discounts in profit calculations.
- Customize cost calculations based on business needs.
7. User-Friendly Dashboard
- View profit summaries directly in the WooCommerce admin panel.
- Filter reports by date, product, or order status.
8. Security & Support
- Regular updates for compatibility with the latest WooCommerce versions.
- Dedicated support for troubleshooting and setup assistance.
Why Use WooCommerce Cost of Goods?
This plugin is essential for store owners who want to:
✔ Maximize profits by identifying best-selling, high-margin products.
✔ Reduce losses by tracking cost fluctuations and pricing accordingly.
✔ Streamline accounting with accurate financial reports.
Ideal for eCommerce businesses, dropshippers, and wholesalers, WooCommerce Cost of Goods ensures better financial control and data-driven decision-making. Try it today to gain full visibility over your store’s profitability!