Shelf Planner's Cost of Goods & Margins is a free plugin that allows you to track the profit of your store, products and categories.
This plugin seamlessly integrates with WooCommerce and lets you manage cost prices for your items and instantly see the impact of changes on your margins and markups.
Benefits
- Track profitability of your store, products and categories
- Understand the impact of markdowns and campaign
- Use the powerful margin and profit reports and dashboards to support your decision making
- Use variations and bundles with different cost prices
Main Features
- Manage Cost Prices, Markup and Margins for products and variations
- Clean and powerful reports to track your gross and net profit
- Bulk Edit all Cost Prices in one go in the plugin's Settings pages.
- Calculate your "net margin", "gross margin" and "markup" for products and categories.
- For variable products costs can be saved for each variation separately or for all variations at once.
- Add (sortable) product/order cost/profit admin columns to the WooCommerce products and orders lists.
- Import and export product costs from and to a CSV file with standard WooCommerce Import and Export tools.
- Included bulk edit costs tool in the settings pages allows you to bulk edit all products costs, prices and stock from a single page.
- Optionally add “Cost Price", "Margin" and "Stock Value" meta box to WooCommerce product pages.
- and many more...
Why use this plugin?
Whether you produce your own products, drop-ship, or buy through wholesale, you want to track the profitability of your products and your store.
To do this, you’ll need to manage the cost price of your products.
These Cost Prices (sometimes referred to as ‘direct costs’) are called the Cost of Goods Sold (COGS) and we have integrated dedicated fields to manage these in your WooCommerce product pages.
What is COGS and how does it help me?
COGS is sometimes also referred to as ‘cost of sales’ or ‘cost of merchandise’ but in short it refers to the production or purchase costs for products sold in your store.
Technically, these costs are an expense of your business, and in the end they reduce the revenue your store makes from selling.
So far not a big deal, but once your business grows, it might get tricky to keep track of profitability all of your products.
This plugin allows you to plan, simulate and summarise both your costs, stock value and margins in one place in the WooCommerce product pages so you get an instant overview of how your business is doing.
For Merchants, By Merchants
All of our plugins are developed
for merchants, by merchants. With over
25 years of combined experience in merchandising and retail, we understand what it takes to run a business.
Check out our other add-ons on our website if you are interested in additional reporting and sales forecasting extensions.
If you want to know more about merchandise planning or assortment planning, don’t hesitate to check out our
Merchant Support pages
Here you find lots of information on anything related to merchandising and retail.
Installing this plugin is very easy and no prior set up is needed. You just need
WooCommerce installed. And you can install and configure this plugin by following these below steps-
- Upload the plugin files to the
/wp-content/plugins/qa-cost-of-goods-margins
directory, or install the plugin through the WordPress plugins screen directly.
- Activate the plugin through the 'Plugins' screen in WordPress
- Use the Shelf Planner >> Cost of Goods >> Cost of Goods Settings screen to configure the plugin
- Use the product backend fields for setting the cost and seeing the profit margins data
- You can update the cost data from Quick Edit for single product too
VERSION 2.8.0 | 26-FEB-2022
[UPDATE]
- Added Cost of Goods Sold to the reports in our Retail Insights tab.
VERSION 2.7.0 | 05-JAN-2022
[UPDATE]
- Added feature that allows mass upload of cost prices by excel files.
VERSION 2.6.0 | 15-DEC-2021
[UPDATE]
- Added feature that allows bulk edit of cost prices for all products.
VERSION 2.5.1 | 30-NOV-2021
[UPDATE]
- Naming Convention, code documentation fix
VERSION 2.5.0 | 12-OCT-2020
[FEATURE]
- PW WooCommerce Bulk Edit and PW WooCommerce Bulk Edit Pro integrated, means now you can bulk edit cost price with these plugins.
VERSION 2.4.0 | 03-SEP-2020
[FIX]
- Sanitization fix for some POST input
VERSION 2.3.1 | 26-AUG-2020
[FIX]
VERSION 2.3.0 | 25-AUG-2020
[FIX]
- Sanitized some POST and GET input
[UPDATE]
- Switched to PSR2 coding standard
VERSION 2.2.2 | 10-MAY-2020
[FIX]
[UPDATE]
- Menu rearranged
- CSS/JS and other assets reorganized
VERSION 2.2.1 | 26-APR-2020
[FIX]
- Mark up column decimal issue fixed
[UPDATE]
- CSS, JS and SCSS assets relocated
VERSION 2.2.0 | 19-APR-2020
[FIX]
- Compatibility fix for WooCommerce 4.0+
- Compatibility fix for WordPress 5.4+
VERSION 2.1.0 | 14-FEB-2020
[FIX]
- Coding style fix
- Code documentation fix
[UPDATE]
- New class for helper methods introduced
- New helper method introduced to product or variation cost
[FEATURE]
- For variable product, a new generic cost field introduced to add generic cost to variations
VERSION 2.0.1 | 04-JAN-2020
[FIX]
- Cost price input issue fixed. ISSUE: COGM-52.
- Variation backend design CSS fixed.
[UPDATE]
VERSION 2.0.0 | 24-DEC-2019
[FEATURE]
- Introduced React JS based dashboard.
- Historical data collection support added.
- Introduced D3.js charts for historical data.
- Data storing functionality added
[UPDATE]
- File organization changed.
- Separate DB class added.
[FIX]
- Way of module class calling and instantiating fixed.
- Product dashboard fields CSS alignment fixed.
- PHP class file top unicode header fixed.
VERSION 1.1.0 | 08-OCT-2019
[FEATURE]
- Margin with including and excluding tax feature added.
[UPDATE]
- WP version updated to 5.2.3.
- Turned the checkboxes(tick-boxes) into toggle switch at settings page.
[FIX]
- Made Changelog month name uppercase.
VERSION 1.0.1 | 24-MAY-2019
[UPDATE]
- WP version updated to 5.2.1.
- Added 'final' for each class to make the class un-extensible.
[FIX]
- PHPDoc updated for each class and method
VERSION 1.0.0 | 22-APR-2019