WooCommerce Cost of Goods

WooCommerce shows what you sell, but sales totals do not tell you what you actually keep. This plugin adds a cost field to simple products and to variations, then uses those costs to work out profit. Costs are recorded when an order is placed, so later changes to a product cost do not rewrite the margins on past sales.

Once costs are in place, the reports break profit down by date, product and category. You can see net sales, cost of goods sold, total profit and average profit per order, and you can spot your most and least profitable items. Bulk tools and CSV export help larger catalogs and bookkeeping.

Features

• Costs for products and variations: Assign a cost value to simple products and to each variation, so profit calculations match how your catalog is actually built.
• Costs locked in at checkout: The cost is stored at the time of sale, which keeps historical profit figures accurate even if a product cost changes later.
• Profit by date report: Review net sales, cost of goods sold, total profit and average profit per order for any custom date range.
• Product and category profit reports: See which products and categories bring in the most profit, which helps with decisions about marketing and inventory.
• Most and least profitable products: Quickly find your top earners and your underperformers, so you know where to focus your promotion.
• Apply costs to previous orders: After adding product costs, update older orders so your historic sales data includes cost and profit without waiting for new sales.
• Inventory valuation reports: View total inventory value based on either retail price or cost of goods, which supports stock management and financial planning.
• Bulk costs and CSV export: Assign costs to many products at once, edit line item costs on editable orders, and export profit and cost reports in CSV format.

Best for

• WooCommerce stores that want to track real profit margins
• Shops with variable products and changing supplier costs
• Store owners who need cost data for bookkeeping