Cost of Goods Sold (COGS): Cost & Profit Calculator for WooCommerce

Make informed decisions to maximize profits, correctly calculate Cost of Goods Sold (COGS) for your WooCommerce store and enhance your financial management capabilities

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Track and Analyze Cost of Goods Sold (COGS)

Take complete control of your profit margins by tracking and analyzing all your expenses, including shipping, tax, and product costs and include them in your COGS.

Being responsive to market shifts and sales trends gives businesses a competitive edge. This plugin offers a robust analytical platform, charting your COGS over time

Analyze which products are bringing more profit, which gateways cost more, which shipping methods increase profit, with the Cost of Goods for WooCommerce plugin, you can analyze all that and re-evaluate your store prices, allowing you to make data-driven decisions

Advanced Inventory Management with Real-Time Tracking

The Cost of Goods for WooCommerce plugin offers store owners an intricate view of their inventory, harmonized with associated costs like shipping, taxes, and product expenses.

By providing real-time tracking, the plugin ensures that stock levels are always in sync with demand, preventing both overstocking and stock-outs. Custom alerts notify store owners when inventory levels dip below set thresholds, enabling timely restocking.

This sophisticated inventory management system, tailored for WooCommerce stores, not only reduces wastage but also maximizes profit opportunities by ensuring that popular products are always available for eager customers.

Comprehensive Tax Reporting & Financial Management

The Cost of Goods for WooCommerce plugin revolutionizes tax reporting by facilitating accurate COGS calculations. Store owners can efficiently track every cost tied to a product – be it materials, labor, shipping, or packaging.

This clarity allows for a more precise understanding of the genuine expenses, empowering businesses to set appropriate pricing strategies. Furthermore, by calculating gross profits meticulously, the plugin aids in transparently reporting income and expenses to tax authorities.

This comprehensive approach not only simplifies the tax reporting process but also mitigates the risks of costly financial oversights, making it an invaluable tool for compliance and financial management.

Decide How COGS Is Calculated: Include Direct & Indirect Costs

Take complete control of your profit margins by tracking and analyzing all your expenses, including shipping, tax, and product costs and include them in your COGS.

Being responsive to market shifts and sales trends gives businesses a competitive edge. This plugin offers a robust analytical platform, charting your COGS over time

Analyze which products are bringing more profit, which gateways cost more, which shipping methods increase profit, with the Cost of Goods for WooCommerce plugin, you can analyze all that and re-evaluate your store prices, allowing you to make data-driven decisions

User-Friendly Dashboards & Integrations

With a simple activation, store owners are presented with fields to input costs, catering to both singular and variable products.

With COGS values easily integrable into products, admin edit pages, reports, and numerous other locations within your WooCommerce store, business operations are optimized

As a result, store owners can confidently set competitive pricing strategies, ensure compliance, and make informed financial decisions while enjoying a user-friendly experience.

More incredible features

Take advantage of all the features of this plugin to boost your store in numerous ways.

  • Whether it's a simple or variable product, you can insert a COGS price in the dedicated field The plugin adds a field to "Quick edit" section of each product to quickly edit products on the fly
  • Some gateways cost more than others, accurately calculate this in your orders based on gateway commissions. Same applies to shipping methods, extend your reports to include final cost based on order shipping method & shipping class selected
  • Want to change all prices based on a specific margin? You can achieve this in a single click (like add 10% profit margins to all products). Applicable to sale & regular prices
  • Prices & costs updated? Not a problem with Cost Archive feature, so you know when & what was changed
  • Add cost & profit columns to Products & Orders pages in admin panel that you can use to sort & filter

Plugin reviews and statistics

4.5 from 26 reviews
Best plugin for CoGS & profit calculations

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!

Daniele Besana
3 weeks ago

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.

Garis
1 year ago
Replied by WPFactory Plugins
1 year ago

Thanks ;)

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?

Tom
1 year ago
Replied by WPFactory Plugins
1 year ago

Hi Tom,

Yes, because reports will use the cost data from orders. If orders have been placed in a period where a product had its price changed, the orders will reflect that. The product costs are saved in the orders.

Great product to update your stock level and costs!

toni laine
1 year ago
Replied by WPFactory Plugins
1 year ago

Thanks ;)

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
2 years ago
Replied by WPFactory Plugins
2 years ago

Thanks ;)

13K+
Online stores installed this plugin
6.5
Wordpress version tested
4.5
Rating and reviews from customer
Version
3.4.2
Last updated
4 days ago
Changelog
Required at least WordPress
6.1

Choose your license

This plugin is a premium version of free Cost of Goods Sold (COGS): Cost & Profit Calculator for WooCommerce 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
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Original price was: $15.00.Current price is: $8.33.
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Plugin FAQs

Any questions? We're here to help.

Does it support different currencies?

Can I import existing cost data into the plugin?

Does the plugin support any extra cost to be included in COGS?

How does the plugin handle payment gateway and shipping method costs?

Can I customize the admin panel to view cost and profit columns for products and orders?

What does the Cost Archive feature do?

Can I bulk edit product costs and prices with the plugin?

How does the plugin facilitate easier tax reporting?

Can I track the cost of individual product variations using this plugin?

How does the “Cost of Goods for WooCommerce” plugin help in improving my business profitability?

Still have questions?

We're ready to help out & answer questions! Or read the plugin documentation to get tips and guidance.