Cost of Goods: Product Cost & Profit Calculator for WooCommerce

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“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 currency values

• WPC Product Bundles for WooCommerce: Exclude Smart bundle product type from stock and orders report & properly handle Smart bundle cost from its items

• ATUM Inventory Management for WooCommerce: Copy & sync costs from ATUM and properly handle taxes on import

• WooCommerce Food: Add fixed costs to food options

🏆 Premium Support

And much more.

What’s Next? Discover More Plugins by WPFactory

WPFactory has a diverse range of plugins tailored to enhance your experience, some of our top-selling plugins are:

• Min Max Step Quantity: Set minimum, maximum, step, and default product quantities, including dropdowns and decimal options on WooCommerce (Free version)

• Cost of Goods for WooCommerce: Enhance profit maximization and financial management by accurately calculating your WooCommerce store’s COGS (Free version)

• Maximum Products per User: Impose personalized purchase limits based on user roles and date ranges to manage customer buying behavior (Free version)

• Order Minimum/Maximum Amount: Customize order limits by amount, quantity, weight, or volume, including user role, category, and more (Free version)

• EU/UK VAT Manager for WooCommerce: Automate VAT compliance for your WooCommerce store, including settings and VIES validation for a seamless experience (Free version)

• Email Verification for WooCommerce: Boost security and credibility by verifying customer emails, reducing spam, and improving email marketing (Free version)

• Free Shipping Over Amount for WooCommerce: Encourage higher spending by offering free shipping based on amount, with a progress bar for customers (Free version)

• Dynamic Pricing & Bulk Quantity Discounts: Advanced dynamic pricing and discount rules for WooCommerce, encouraging bulk purchases and driving more sales (Free version)

❤️ User Testimonials: See What Others Are Saying!

“The support is super fast and amazing.
Plugin also is great and work really smooth and nice.” – ⭐⭐⭐⭐⭐ Sina Arzany

“Amazingly fast support, added a feature that we needed to work without any delay. Incredible service. Plug-in does exactly what we need it to do.” – ⭐⭐⭐⭐⭐ Scott

“Excellent plugin with so much functionality but yet so easy to use to keep track of profit at an order level! Great work team!” – ⭐⭐⭐⭐⭐ Tye

“Best MUST have plugin: If you need to have a control under the costs of the products you sell, this plugin is a must have. It works perfectly without any conflict with other plugins. Also I would like to point out the support of this plugin. They are always willing to help you and answering any question you could have. TOP TOP TOP” – ⭐⭐⭐⭐⭐ betcazador