{"id":4886,"date":"2023-11-17T10:27:01","date_gmt":"2023-11-17T10:27:01","guid":{"rendered":"https:\/\/addify.store\/documentation\/?page_id=4886"},"modified":"2023-11-17T10:27:01","modified_gmt":"2023-11-17T10:27:01","slug":"setting-up-woocommerce-costs-of-goods-sold","status":"publish","type":"page","link":"https:\/\/addify.store\/documentation\/woocommerce\/woocommerce-costs-of-goods-sold\/setting-up-woocommerce-costs-of-goods-sold\/","title":{"rendered":"Setting Up WooCommerce Costs of Goods Sold"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Creating Multiple Costs of Goods Sold (COGS) Rules<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Adding a New Rule<\/h3>\n\n\n\n<p>Go to <strong>WooCommerce &gt; Cost of Goods Settings &gt; Rules<\/strong> and Click the &#8220;<strong>Add New<\/strong>&#8221; button. While creating a new Cost of Goods Rule, customize the following settings:<\/p>\n\n\n\n<p><strong>Title:&nbsp;<\/strong><\/p>\n\n\n\n<p><strong>Add Title: <\/strong>Provide a clear and descriptive title for your cost rule<\/p>\n\n\n\n<p><strong>Restrictions:<\/strong><\/p>\n\n\n\n<p><strong>Specify Products and Categories: <\/strong>Enable this option to apply the rule to all products. Leave it unchecked to specify products and categories<\/p>\n\n\n\n<p><strong>Select Product: <\/strong>Choose specific products to which this rule should apply<\/p>\n\n\n\n<p><strong>Select Category: <\/strong>Select categories to which this rule should apply<\/p>\n\n\n\n<p><strong>Select Cost Type:<\/strong> Define the cost type:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Fixed<\/li>\n\n\n\n<li>Percentage<\/li>\n<\/ul>\n\n\n\n<p><strong>Enter Cost Amount: <\/strong>Input the cost amount<\/p>\n\n\n\n<p>After configuring the settings, click \u201c<strong>Publish<\/strong>\u201d to save the changes you have made.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/KjVrDisZZ5wZvuHQQGOBdUZSRPAMg8fh3oL1uPCe1lWq36g3uCZ7Yz57PQlhbwo-xj4FDlhgWce7GwmSbVLb40HKmyQG_PAITjybeyNxXMYsgG6--Au0JENd_bdj3Aia-CSQca-i8Bi2-H7HI9LxeOk\" alt=\"\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Managing All COGS Rules in a Log&nbsp;<\/h3>\n\n\n\n<p>Navigate to <strong>WooCommerce &gt; Cost of Goods Settings<\/strong>.<\/p>\n\n\n\n<p>View multiple rules for Cost of Goods, perform bulk actions, search for specific rules in the search bar, and apply filters based on dates.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/W6en2K8o7LaufE_Jy_c-wg-4Yi1xZEY-Nk1Wf7UK2kMH7EDcVH7AJZFYMCo__QA7RMws6A3sPVcZTh1_1-TZQGTPNvv7HLVEVKtdvZ0o_YHsQc6bhB09QVILF6yyw6ojiuBGDEx4CPWmyyWHWZrGefI\" alt=\"\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Configuring General Settings<\/h2>\n\n\n\n<p>Customize how your WooCommerce store handles costs and reporting. Go to <strong>WooCommerce &gt; Cost of Goods Settings &gt; Settings <\/strong>tab to configure the following settings:&nbsp;<\/p>\n\n\n\n<p><strong>1. Apply costs to previous orders<\/strong><\/p>\n\n\n\n<p><strong>Apply and override the costs on all your orders:<\/strong> Check this box to apply and override costs on all your product orders<\/p>\n\n\n\n<p><strong>2. Pagination<\/strong><\/p>\n\n\n\n<p><strong>Items per page in the Sales Report table:<\/strong> Set the number of items you want to view per page in the Sales Report table. The default value is 20<\/p>\n\n\n\n<p><strong>Items per page in the Stock Report table:<\/strong> Set the number of items you want to view per page in the Stock Report table. The default value is 20<\/p>\n\n\n\n<p><strong>3. Add columns to the report<\/strong><\/p>\n\n\n\n<p><strong>Add a tag column to report: <\/strong>Check this box to display a tag column for products in the report table<\/p>\n\n\n\n<p><strong>Add a percentage margin column to report:<\/strong> Check this box to display a percentage margin column for products in the report table<\/p>\n\n\n\n<p><strong>4. Order Settings<\/strong><\/p>\n\n\n\n<p><strong>Select Order Statuses:<\/strong> Choose the order statuses you want to include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Pending payment<\/li>\n\n\n\n<li>Processing<\/li>\n\n\n\n<li>On hold<\/li>\n\n\n\n<li>Completed<\/li>\n\n\n\n<li>Cancelled<\/li>\n\n\n\n<li>Refunded<\/li>\n\n\n\n<li>Failed<\/li>\n\n\n\n<li>Draft<\/li>\n<\/ul>\n\n\n\n<p><strong>Show Total Cost Column: <\/strong>Show the total cost column in the orders post table<\/p>\n\n\n\n<p><strong>Show Profit Column:<\/strong> Display the Profit column in the orders post table<\/p>\n\n\n\n<p><strong>Currency Symbol:<\/strong> Show a currency symbol with the price in the sales report and stock report.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/zTZuRbrrroSgdWmDQNhTu1PKg0PAxNPmHC9RZRh6Dd2lObO6cmJwjZe1i66_Uj9AvyNbqxfOiLPDlUMGi09t7C9PCrHDaONEgLxc8jQsjt2_qJttPP7OM2IkQwm7gbZ-n03TaEJFrYQsw7bVJpuZVrM\" alt=\"\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Accessing Sales Report<\/h3>\n\n\n\n<p>To access sales statistics, go to <strong>WooCommerce &gt; Cost of Goods Settings &gt; Sales Report<\/strong> tab. Within this section, you can conveniently analyze sales data for all your products. You have the flexibility to select from various time frames and date ranges, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;Year<\/li>\n\n\n\n<li>&nbsp;Last Month<\/li>\n\n\n\n<li>&nbsp;This Month<\/li>\n\n\n\n<li>&nbsp;Last 7 Days<\/li>\n\n\n\n<li>&nbsp;Custom Date Range (mm\/dd\/yyyy &#8211; mm\/dd\/yyyy)<\/li>\n<\/ul>\n\n\n\n<p>After selecting your desired time frame or custom date range, click &#8220;<strong>GO<\/strong>&#8221; to generate the report. You can also choose to export the data as a <strong>CSV file<\/strong>.<\/p>\n\n\n\n<p><strong>Key Metrics at a Glance:<\/strong><\/p>\n\n\n\n<p>At the bottom of the page, you&#8217;ll also find a summary table that provides essential metrics:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue<\/li>\n\n\n\n<li>Total Cost Of Goods<\/li>\n\n\n\n<li>Total Shipping<\/li>\n\n\n\n<li>Total Order Fee<\/li>\n\n\n\n<li>Total Product Tax<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/HF9Qn2VSvHGMDGleAKugL0y3z1_mjC_Eyv-i0UF3ilvYVkFnqzIUKuw3dAk58e8S358hLwrDizpCIl9qszdpgYLB24DQQdqFJMJm9lnbveN6A2k9x3JHnIXco5-GDKDFaQH4cTi5F9DYWnZmRzy-wew\" alt=\"\"\/><\/figure>\n\n\n\n<p><strong>Specific Product and Category Sales Stats:<\/strong><\/p>\n\n\n\n<p>To view sales statistics for specific products, navigate to the &#8220;Specific Products&#8221; tab. If you want to analyze sales data for specific categories, go to the &#8220;Specific Categories&#8221; tab.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/fWPDIBA5uMwrxZAZHTO93L0WwWiTRAqXem6lw7b2jyUTzMOmsPhvV4FHnsxW7TeeeFUyjZbYgcZkbfEaOgHxpmyZuJDSElSKDDPYglaSq4NBlXofLsM_V4_DBW2VO9MQuAAIf_D4LUGZSLKgQdW7A1I\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/t-j6hzR1Q35kpXj0KueWGBvfmaQ8-S5zZwfP42IIhKqx3jHxTO17lyHCfC1cfePcYTYRl6irq3uY_Dkh2AatUV_ideKf40NFd0tk8C0lsZ04twY2ApBYynDxVkhrwggRSqyr9VxOvJbi8qQfq7woDww\" alt=\"\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Accessing Stock Report<\/h3>\n\n\n\n<p>In addition to the sales report, you have the option to access a comprehensive stock report. To do so, navigate to<strong> WooCommerce &gt; Cost of Goods Settings<\/strong> and click on the &#8220;<strong>Stock Report<\/strong>&#8221; tab. The stock table provides valuable insights through the following columns:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Product<\/li>\n\n\n\n<li>Stock Status<\/li>\n\n\n\n<li>Product Price<\/li>\n\n\n\n<li>Product Total Price<\/li>\n\n\n\n<li>Product Cost<\/li>\n\n\n\n<li>Product Total Cost<\/li>\n\n\n\n<li>Potential Profit<\/li>\n\n\n\n<li>Actions<\/li>\n<\/ul>\n\n\n\n<p><strong>Export CSV:&nbsp;<\/strong><\/p>\n\n\n\n<p>Click the &#8220;<strong>Export CSV<\/strong>&#8221; button to download the stock report in a CSV format&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/voV1iJrZAyqVBodilp4fcZQ718FC-9bI1MGIlgTPRsI8LQLZoM4-3Q2YrdbkvY5kS5W9u1XLGx9y8mFbOeJHmuWkf1YWLooQXlwdD5X6QB1QyZDqe5hT25QZbibHPdI0dLecn3UAsLpMgxsvNR8EBLA\" alt=\"\"\/><\/figure>\n\n\n\n<p><strong>Specific Product and Category Sales Stats:<\/strong><\/p>\n\n\n\n<p>To view stock statistics for specific products, navigate to the &#8220;<strong>Specific Products<\/strong>&#8221; tab. If you want to analyze sales data for specific categories, go to the &#8220;<strong>Specific Categories<\/strong>&#8221; tab.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Importing CSV to Update Cost Of Goods<\/h3>\n\n\n\n<p>Within the &#8220;<strong>Import<\/strong>&#8221; tab, you&#8217;ll find a convenient option for importing your cost of goods CSV file. Simply select the CSV file you wish to use for updating your cost of goods, and then proceed by clicking the &#8220;<em>Continue<\/em>&#8221; button. To unlock and apply new prices to the cost of goods, be sure to enable the &#8220;<em>Unlock Cost of Goods<\/em>&#8221; checkbox.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/WqRLltoTlswNxCksRN478wS3pmC0frdY0exCgcJOQdVm8jk3Xdxe4KZeO_fBEeMoEqspAr0hbVmbjtIWtl2MYeDBq8D1WICa9rTDByfHlWQ8W1L1ee-dCwO7_sg6HIy5rIarODsgmj_btVRJ1AjcuKs\" alt=\"\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Adding Costs at Product Level<\/h3>\n\n\n\n<p>For product-level settings, go to <strong>WP Admin Panel &gt; Products.<\/strong> Select the product you want to modify, and then click on it to edit its details.<\/p>\n\n\n\n<p>Within the product editing interface, navigate to the &#8220;<strong>General<\/strong>&#8221; tab and scroll down to the &#8220;<strong>Cost of Goods<\/strong>&#8220;. Here, you can easily input or modify the product&#8217;s cost of goods.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/np8wdDBXToAwml2CTgIVscyYCx-dJtmRdzIM4XXT6y8tsQQCY3CpeOgg_lu-1Wrm35H9r1Q738UpVmJzOVkf_jz6v-nngjGejBrHMBEp5KUm1i-TyGJot-JYDWTNfGRe8-IE4s8jYx2er2v-vyyknPQ\" alt=\"\"\/><\/figure>\n\n\n\n<p><strong><em>IMPORTANT: <\/em><\/strong><em>If you want to ensure that this cost isn&#8217;t overridden by a custom Cost of Goods (COGS) rule, don\u2019t forget to enable the &#8220;Lock Cost of Goods&#8221; option.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Creating Multiple Costs of Goods Sold (COGS) Rules Adding a New Rule Go to WooCommerce &gt; Cost of Goods Settings &gt; Rules and Click the &#8220;Add New&#8221; button. While creating a new Cost of Goods Rule, customize the following settings: Title:&nbsp; Add Title: Provide a clear and descriptive title for your cost rule Restrictions: Specify [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1753,"parent":4878,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"template-parts\/documentation-template.php","meta":{"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"class_list":["post-4886","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Setting Up WooCommerce Costs of Goods Sold - Documentation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/addify.store\/documentation\/woocommerce\/woocommerce-costs-of-goods-sold\/setting-up-woocommerce-costs-of-goods-sold\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Setting Up WooCommerce Costs of Goods Sold - Documentation\" \/>\n<meta property=\"og:description\" content=\"Creating Multiple Costs of Goods Sold (COGS) Rules Adding a New Rule Go to WooCommerce &gt; Cost of Goods Settings &gt; Rules and Click the &#8220;Add New&#8221; button. 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