WooCommerce Cost of Goods: Product Cost & Profit Calculator
Understand your profits by accurately tracking costs. Make smarter decisions for your business and maximize your store's profitability with ease.
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Plugin Description
The "Cost of Goods Sold (COGS): Cost & Profit Calculator for WooCommerce" plugin helps you calculate the cost of goods sold for your products, it allows you to input the cost of each product and calculates profits based on sales.
This plugin is essential for tracking profitability, managing inventory costs, and optimizing pricing strategies, providing detailed reports on margins and costs to help make informed business decisions and boost your store's financial health.
What You'll Gain With This Plugin?
Track and Analyze Your COGS Effortlessly
Keep a close eye on your profit margins by tracking all costs, from shipping and taxes to product expenses:
✔ Monitor your COGS over time to stay ahead of market trends.
✔ See which products bring in the most profit and which costs are eating into your margins.
✔ Make smart, data-driven decisions to boost profitability.
✔ Adjust pricing based on solid analytics to stay competitive.
✔ Understand your store's financial health and react quickly to market changes.
Advanced Inventory Management with Real-Time Tracking
Stay on top of your inventory with real-time tracking and cost insights:
✔ Get a complete view of your stock and related costs like shipping, taxes, and product expenses.
✔ Avoid overstocking or running out of popular items with synchronized stock levels.
✔ Set custom alerts for low inventory to ensure timely restocking.
✔ Reduce waste and maximize profits by keeping bestsellers in stock.
✔ Make inventory management a breeze and keep customers happy with always-available products.
Comprehensive Tax Reporting & Financial Management
Make tax reporting a breeze with accurate COGS calculations:
✔ Track every cost tied to a product—materials, labor, shipping, packaging, and more.
✔ Get a clear picture of actual expenses to set smarter pricing strategies.
✔ Calculate gross profits accurately for transparent income and expense reporting.
✔ Simplify tax reporting and reduce the risk of costly financial mistakes.
✔ Stay compliant and manage your finances with confidence.
Customize How COGS Is Calculated
Take charge of your cost calculations:
✔ Include both direct and indirect costs in your COGS.
✔ Decide what expenses matter most—like materials, labor, or shipping.
✔ Get a clearer view of your true costs to optimize pricing.
✔ Make smart financial decisions with a complete cost breakdown.
✔ Ensure every dollar spent is accounted for in your pricing strategy.
User-Friendly Admin Management
Manage costs with ease using our intuitive dashboards:
✔ Easily input COGS values for both single and variable products.
✔ Seamlessly integrate cost data into product pages, admin reports, and more.
✔ Optimize business operations with clear, accessible cost information.
✔ Set competitive prices confidently with accurate financial insights.
✔ Enjoy a smooth, user-friendly experience that simplifies store management.
Discover More Powerful Features
Leverage the full suite of features in this plugin to enhance your store's performance, boost sales, and elevate the customer experience in countless ways.
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Add COGS for each product quickly, whether it’s a single item or a variable one. Use the dedicated field to input costs directly, or make bulk changes fast with the 'Quick Edit' feature. Manage your product costs effortlessly, saving time and keeping everything up-to-date.
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Some payment gateways and shipping methods cost more than others. Accurately calculate these expenses in your orders by factoring in gateway commissions and shipping method costs. Extend your reports to include final costs based on the chosen shipping method and shipping class, giving you a complete picture of your true expenses.
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Need to adjust all prices at once? Easily update prices across your store with a single click, and add a specific profit margin to all products, whether it's a 10% increase or any other amount. This feature works for both sale and regular prices, saving you time and keeping your pricing strategy consistent.
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Keep track of all your price and cost changes with the Cost Archive feature. Know exactly what was updated and when, so you can always look back and see the history of your costs. Perfect for understanding trends and making informed pricing decisions over time.
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Make your admin panel work for you! Add cost and profit columns to the Products and Orders pages, making it easy to sort and filter your data. Keep important financial information right at your fingertips for quick analysis and smarter decision-making.
The Plugin Can Optimize Your Store with These Scenarios
Discover how this plugin can address common challenges and enhance your store's performance
These practical scenarios show the versatile applications of the "Cost of Goods Sold (COGS): Cost & Profit Calculator for WooCommerce" Plugin
Not sure if your prices are hitting the sweet spot?
Use the plugin to calculate your profits based on real costs. It helps you adjust prices to maximize profits while staying competitive.
Got seasonal products?
Track their costs and profits to see which items bring in the most during different times of the year, helping you stock up wisely.
Bringing new products to market?
Use the plugin to calculate potential profits based on estimated costs, so you can set the right price from day one.
Want to see which products are your star performers?
Track costs and profits for each item to identify what’s making you money and where you might need to adjust.
Tax time approaching?
Get a clear view of your profits and costs to make tax filing easier and ensure you’re reporting accurately.
Planning a big sale or discount event?
Use the plugin to calculate the exact cost of goods sold to ensure that even with discounts, you’re still making a profit.
Dealing with multiple suppliers or fluctuating costs?
The plugin tracks all costs, helping you see the impact on your bottom line and adjust pricing accordingly.
Selling to customers overseas?
Use the plugin to factor in extra shipping costs and tariffs, helping you price your products correctly and keep profits healthy.
Thinking about clearing out old stock?
Use the plugin to determine the lowest price you can offer while still covering your costs, helping you make smarter decisions during clearance events.
Looking to expand or invest in new stock?
Analyze current sales and profit data to forecast future earnings, helping you plan your growth strategy with confidence.
If you make your own products, use the plugin to track the fluctuating costs of raw materials. This helps you decide when to stock up or adjust prices to maintain your profit margins.
Running a dropshipping business with various suppliers?
Use the plugin to track each supplier's costs and compare profit margins, helping you choose the best partners for your store.
Plugin reviews and statistics
A must-have for shop owners.
I’ve been using this plugin for over a year and really happy with it. It has all the features needed, and the support goes above & beyond to help!
I love this plugin!
It has so many features that I have not been able to take advantage of all of them yet (but I will).
Works great and support is always responsive.
Does it keep historical data for COGS completed orders?
E.g. Product X COGS were $10 Dec to Jan and from Feb it's $9. So when report is generated for lets say 12months will it show different COGS for the product X?
Great product to update your stock level and costs!
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.
Choose your license
This plugin is a premium version of free WooCommerce Cost of Goods: Product Cost & Profit Calculator plugin.
| Features | Free | Pro |
|---|---|---|
| Add cost field for all product types | ||
| Select calculation method (taxed, non-taxed, regular price) | ||
| Advanced bulk edits (quick edit) by price or profit | ||
| Handle multi-currency stores | ||
| Save historical data of COGS | ||
| Add fixed order extra costs (amount or percentage) | ||
| Calculate cost & profit by order | ||
| Add fixed costs by payment gateways & shipping methods | ||
| Include cost & profit in emails | ||
| Order recalculation for past orders | ||
| Calculate COGS on refunds | ||
| Define extra shipping classes costs | ||
| Advanced analytics & reporting options | ||
| Advanced compatibility with 3rd party plugins | ||
| Premium & expedite support | ||
| Get free |
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Screenshots
Frontend - Bulk Edit Cost
Frontend - Edit Order
Frontend - Orders_Cost
Product with History or Archive Cost of Good
Frontend - Products Menu
Cost of Goods - Products 1
Cost of Goods - Products 2
Cost of Goods - Products 3
Cost of Goods - Products 4
Cost of Goods - Orders
Cost of Goods - Shortcodes
Payment Gateways
Shipping Methods
Shipping Classes
Cost of Goods - Multicurrency
Tools and Reports
Cost of Goods - Advanced
Compatability
Plugin FAQs
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