Cost Of Goods for WooCommerce

Cost Of Goods for WooCommerce

Cost of Goods for WooCommerce is a plugin that allows you to track and manage the cost of goods sold (COGS) in your WooCommerce store. It helps store owners calculate their profit margins more accurately by allowing them to record the cost of the products they sell. By integrating the cost of goods with your WooCommerce sales data, you can better understand your store’s profitability and make more informed business decisions.

This plugin is especially useful for businesses that sell physical products, as it gives insight into both revenue and costs, helping to identify how well the business is performing financially.

Key Features of the Cost of Goods for WooCommerce Plugin:

Track Product Costs:

• You can add the cost of goods for each product individually in the WooCommerce product settings. This allows the plugin to calculate the actual profit margins based on your selling price and product cost.

Automatic Profit Calculation:

• Once the cost of the products is entered, the plugin will automatically calculate the profit and profit margin for each order and product. This data is displayed in the order details, helping you track profitability at a glance.