YITH Cost of Goods for WooCommerce v2.27.0

YITH Cost of Goods for WooCommerce is a premium plugin that helps store owners track the cost of goods sold (COGS) and accurately calculate actual profit directly on their WordPress admin dashboard. By simply looking at total revenue, you’ll know the actual amount you earned after deducting all expenses.

Key Features

• Add Cost of Goods Sold field: Add a cost data input field to the page configuration of each product or product variant. This information is completely hidden from customers.
• Detailed Profit Report: Provides charts and in-depth analysis of revenue, total initial costs, and net profit by day, month, year, or specific product category.
• Calculate Ancillary Costs: Allows you to integrate additional costs into the cost of goods sold, such as shipping fees, tax fees, or payment gateway fees, to create the most accurate profit margin.
• Update Product Data Series: Supports bulk price editing for multiple products at once to save initial setup time.
• Apply to Existing Orders: Allows recalculating the profit margin of completed orders before plugin installation by applying the current cost of goods sold to the purchase history.

Benefits

Prioritizing pricing: Helps you develop appropriate pricing strategies or discount programs without fear of errors.

• Inventory screening: Clearly identify products that generate the highest profit margins to boost marketing, while eliminating or limiting items that are too expensive but in short supply.
• Excellent compatibility: Seamless integration with YITH ecosystems such as YITH Product Bundles (selling in combos) or YITH Point of Sale (synchronizing reasonable prices for items sold in stores).