If you’re wondering how to add cost of goods sold on Shopify, never fear! It’s actually a pretty simple process. Just follow these steps:
1. Log in to your Shopify account and go to your Dashboard.
2. On the Dashboard, click on “Settings”. This will take you to the general settings page for your shop.
3. Find the “Sales channels” section and click on “Online Store“.
4. On the “Online Store” page, scroll down to the “Preferences” section and find the “Cost of goods sold” option.
5. Enable the “Cost of goods sold” setting. This will allow you to track the cost of goods sold for each product in your shop.
6. Enter your “Default cost of goods”.
This is the default cost of goods for all products in your shop. If you want to override the default cost of goods for a particular product, you can do so on the product page itself.
7. Save your changes.
That’s it! You’ve now enabled cost of goods sold tracking for your Shopify store.
Conclusion:
How Do I Add Cost of Goods Sold on Shopify? – Adding cost of goods sold on Shopify is a simple process that can be completed in a few steps.
PRO TIP: If you are thinking about adding cost of goods sold on Shopify, be warned that this is not a simple task. There are a few things you need to take into consideration before you start, such as setting up your product cost and inventory, and making sure your accounting software is compatible.
8 Related Question Answers Found
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