Cost of Goods Sold for WooCommerce – Track Profit with Accurate Cost Reporting

Table of Contents

• Introduction
• What is Cost of Goods Sold for WooCommerce?
• Key Features of Cost of Goods Sold for WooCommerce
• How to Install and Configure the Plugin
• Pricing & Plans
• My Experience with the Plugin
• Who Should Use This Plugin?
• Final Verdict
• FAQ

Introduction

Running a WooCommerce store isn’t just about increasing sales. It’s also about knowing your profit. Most store owners focus on revenue, but that’s only half the story. To understand how much money you really make, you must track your costs.

Unfortunately, WooCommerce doesn’t support cost tracking by default. You can’t easily calculate profit margins or see real costs. This is where Cost of Goods Sold for WooCommerce by Addify comes in.

This plugin lets you assign costs to products, create cost rules, and track margins. You get detailed reports showing actual profit, stock value, and more. Whether you’re selling physical goods or digital products, knowing your costs is key.

In this article, we’ll cover all the essential aspects of the plugin – features, setup, pricing, pros and cons, and how it compares to other options.

Need help installing or troubleshooting this plugin? Try WooHelpDesk Installation & Troubleshooting Services.

What is Cost of Goods Sold for WooCommerce?

Cost of Goods Sold for WooCommerce is a plugin that helps you assign and track product costs. It calculates profit by subtracting your cost from the sale price. This way, you can see real-time profit per product and total margins.

Developed by Addify, this plugin provides easy ways to manage product costs:

• Add costs at the product level
• Set global cost rules by category or tag
• Import and export cost data via CSV
• Access profit, sales, and stock reports

You can update costs in bulk or edit them manually. The plugin is ideal for stores with large inventories or those looking to increase profitability.

• Official Plugin Page on Addify Store
• Addify Plugin Support Contact Page
• Plugin Documentation on Addify

Key Features of Cost of Goods Sold for WooCommerce

How to Install and Configure the Plugin

Follow the steps below to install and configure Cost of Goods Sold for WooCommerce:

1. Download the plugin from the Official Plugin Page on Addify Store.
2. In WordPress, go to Plugins → Add New → Upload Plugin.
3. Upload the ZIP file and click Install Now.
4. Activate the plugin.
5. Go to WooCommerce → Settings → Cost of Goods tab.
6. Add cost globally using categories, tags, or product types.
7. Visit individual products to edit costs manually.
8. Use CSV import to update large amounts of data.
9. Access profit reports under the Reports tab.

Refer to the Plugin Documentation on Addify for detailed setup guidance.

If you run into any issues, try WooHelpDesk Installation & Troubleshooting Services.

Pricing & Plans

Both plans come with a 30-day money-back guarantee. Get a full refund if you’re not satisfied.

Buy Cost of Goods Sold for WooCommerce Now

Purchase Here → Buy Cost of Goods Sold for WooCommerce Premium Now

Your purchase helps the plugin developer and supports high-quality content creation like this. Choose the 2-year plan for the best value.

My Experience with the Plugin

I tested this plugin on a store with over 500 products. It worked smoothly and gave insights I couldn’t get with default WooCommerce.

Pros:

• Clean and intuitive interface
• Global rules save hours on setup
• Reports are accurate and exportable
• Compatible with bulk editing tools
• Works with both simple and variable products

Cons:

• No dashboard widget to show live profit
• Requires basic CSV handling for bulk import
• Reports may need customization for advanced analytics

Still, this plugin gives store owners what they need to understand real profits and make smart decisions.

Who Should Use This Plugin?

• WooCommerce store owners who care about profitability
• Store managers needing inventory and cost control
• Agencies managing client stores with bulk product catalogs
• Dropshippers who want to track margins
• Wholesalers and B2B store owners

Useful Resources

• Official Plugin Page on Addify Store
• Addify Plugin Support Contact Page
• Plugin Documentation on Addify
• WooHelpDesk Installation & Troubleshooting Services

Final Verdict

Knowing your true profit is not optional anymore. If you’re running a WooCommerce store and still don’t track costs, you’re making blind decisions.

Cost of Goods Sold for WooCommerce gives you a clear view of costs, profit margins, and stock value. You can set rules globally or manually. Reports are easy to access and act on.

It’s not just a cost plugin—it’s a business improvement tool. You’ll be able to spot what’s making money and what’s not. For most store owners, this means smarter pricing, fewer losses, and higher profits.

Buy Cost of Goods Sold for WooCommerce Premium Now

Need help installing or fixing it? Try WooHelpDesk Installation & Troubleshooting Services.

FAQ

Q1. Can I import product costs in bulk?
 Yes. You can import and export product cost data using CSV files.

Q2. Can I apply cost rules based on product categories?
 Yes. Global rules allow you to apply costs by category, tag, or type.

Q3. Is this plugin compatible with all WooCommerce themes?
 Yes. It works with most standard WooCommerce-compatible themes.

Q4. Can I track total profit on my store?

Yes. Reports show total revenue, cost, and calculated profit.