Product Profit Calculation

  • Resolved Dovedale1508

    (@dovedale1508)


    1 month, 4 weeks ago

    After trying out the beta WooCommerce COGS feature, I decided to use this plugin as my finance manager doesn’t want to wait for Woo to create analytics with COGS.

    Loaded all the COGS and displaying Cost and Profit on the Products list.

    Example:

    Product1; Price £202.80; Cost £127.80; No VAT; Profit £75.00 (correct) 58.69% (incorrect)

    The profit % seems to calculated as Margin/Cost whereas it is normally Margin/Price.

    In this case, the Profit % should be 75/208.8 = 35.92%

Viewing 4 replies - 1 through 4 (of 4 total)
  • Plugin Support Taha

    (@tahaamin)

    1 month, 3 weeks ago

    Hi @dovedale1508,

    I hope you’re doing well, and I apologize for the delayed response.

    I’ve forwarded your message to our development team, and we’ll update you as soon as possible.

    Have a nice day!

    Best regards,

    Plugin Contributor Pablo Pacheco

    (@karzin)

    1 month, 2 weeks ago

    Hi @dovedale1508 ,

    Have you tried using our option Products > Profit HTML template? We have some placeholders there such as %profit_percent% and %profit_margin%. Please try both options and let me know if it helps.

    Plugin Support Taha

    (@tahaamin)

    1 week, 5 days ago

    Hi @dovedale1508,
    I hope you are doing well. As we haven’t heard back from you in a while, I will mark this topic as resolved for now. Please feel free to reach out again if you need any further assistance.

    Best regards,

    Thread Starter Dovedale1508

    (@dovedale1508)

    1 week, 5 days ago

    Thanks. Sorry for the delay – I was distracted by the Year End accounts…

    The %profit_margin% gives the correct figure (profit/price).

    I still find it odd that %profit_percent% calculates the profit/cost.

Viewing 4 replies - 1 through 4 (of 4 total)

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