Cost Of Product

Cost of Product(COP) is the total cost of the product like manufacturing, shipping, etc. which will be deducted from the revenue to calculate the estimated net profit of the sales.

The updated COP will be used for profit calculation of all the future orders of the SKU by default. You can also choose to recalculate the estimated net profit of the existing orders with the new COP.

Steps to update the COP

  1. Hover the Products & Categories menu near the Reports menu.
  2. Select the Products option from the drop down.
  3. Select a Product from the list by clicking on its name
  4. Enter the COP value in the COP field and click Update.
  5. Select the Check box, if you want to recalculate the estimated net profit of all the old orders with this SKU using the new COP, else leave it blank.
  6. Click the Update button to update the COP.

COP Update

note

Recalculating the Est. net profit of the old orders might take some time which depends on the number of orders. Please check the orders after some time.

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