Your First Cost Entry
Learn how to add your first product cost in CostSync
Last updated: 17th January 2025
Your First Cost Entry
Adding product costs is the foundation of accurate profit tracking. Here's how to add your first cost.
Adding a Cost Manually
Step 1: Navigate to Products
- Open CostSync from your Shopify admin
- Click Products in the navigation
Step 2: Find Your Product
Use the search bar or filters to find the product you want to update.
Step 3: Enter the Cost
- Click on the product to open the cost editor
- Enter the Cost per unit (your purchase price)
- Optionally add:
- Shipping cost per unit
- Handling cost per unit
- Supplier information
Step 4: Save
Click Save to store the cost. CostSync will automatically recalculate profit for orders containing this product.
Understanding Cost Fields
| Field | Description |
|---|---|
| Cost per unit | Your purchase price for the product |
| Shipping cost | Per-unit shipping from supplier |
| Handling cost | Additional per-unit costs |
| Total cost | Sum of all cost components |
For Products with Variants
If your product has variants (size, color, etc.):
- Each variant can have its own cost
- Click on the variant to set individual costs
- Or use "Apply to all variants" for bulk updates
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Note
Variant-level costs allow for accurate tracking when different sizes or colors have different supplier prices.
Next Steps
- Bulk import costs using CSV
- Set up suppliers for better organization