There are two options on how to update the cost for your items:
Option 1: Update Cost on an Individual product
Option 2: Update Cost in bulk:
Update Cost on an Individual product:
Navigate to Inventory tab and select edit on the item you wish to update:
Next to the cost price, please enter the corresponding date. This date can be backdated to the desired starting point for calculating the cost. In addition, provide the cost and shipping cost values for the item.
Click on the “Save” button to ensure that all your profits are accurately calculated based on the provided costs.
Update Cost in bulk:
Click on the ellipses on your right hand side and then select the upright arrow.
Select ”update products” and under Data type select “product Information”
At the bottom of the page, you will find the option to download the “product information” template. Select the template and download it. The key information required to update the cost includes the SKU, Price, and Shipping price. If you wish to backdate the price, you can also select the Price Date column and specify the desired date (by default, it is set to today’s date). You can delete all other columns in the template. Enter the required information, ensuring that you do not include dollar symbols. Finally, save the file as a CSV format
Sample CSV.
Drop file or click on browser to select the file. Then upload it.
Items should now automatically be mapped. Click “next’.
And then “confirm update”.
Done!
