YITH Cost of Goods for WooCommerceVersion 2.7.0

YITH Cost of Goods for WooCommerce

The “YITH Cost of Goods for WooCommerce” plugin by YITH helps you calculate and track the cost of goods sold for your WooCommerce store. It allows you to assign costs to your products, calculate profit margins, and gain insights into your business’s profitability.Here are some key features of the YITH Cost of Goods for WooCommerce plugin:

1. Cost Management: The plugin provides a user-friendly interface where you can enter and manage the cost of goods for each product in your WooCommerce inventory. This includes the cost of raw materials, manufacturing expenses, packaging costs, and any other relevant expenses associated with producing or acquiring the products.
2. Profit Calculation: Based on the cost of goods and product sales data, the plugin automatically calculates the profit margin for each product. It helps you understand the profitability of your products and make informed pricing decisions.
3. Bulk Cost Assignments: You can assign costs to multiple products in bulk, saving time and effort, especially when dealing with a large inventory.
4. Cost Tracking: The plugin tracks the cost of goods sold for each product, considering variables such as discounts, taxes, and shipping costs. This allows you to have a comprehensive view of your expenses and profit margins.
5. Cost Reports: The plugin generates detailed reports that provide insights into your cost of goods, profit margins, and overall business performance. These reports help you analyze product profitability, identify trends, and make data-driven decisions.
6. Integration with WooCommerce: The plugin seamlessly integrates with the WooCommerce platform, utilizing its existing product and sales data. This ensures accurate cost calculations and eliminates the need for manual data entry.
7. Compatibility with Other Plugins: The YITH Cost of Goods for WooCommerce plugin is designed to work well with other YITH plugins and popular WooCommerce extensions, providing a cohesive and integrated solution for your e-commerce needs.

Please note that it’s always advisable to visit the official YITH website or the WordPress Plugin Repository to get the most up-to-date information about the “YITH Cost of Goods for WooCommerce” plugin, including its features, functionalities, and compatibility with the latest versions of WooCommerce and WordPress.