Overview

Veeqo uses the Average Cost Price method for tracking your Cost Of Goods Sold (COGS). This article explains how to add cost prices to Veeqo.

Examples of where cost prices are used in Veeqo:

In this section:


Add cost price to a single product

Go to the Inventory Page. Search for a product you want to update and click into the product

This will open on the Product Summary. Next, click on the Pencil Icon, under the actions column to edit the product

Enter the product's cost price and click Update once you have done this

 


Add cost prices in bulk to multiple products

Update multiple products in one go by exporting your products via CSV and updating them in bulk.


Cost prices of kits

When you add a cost price to a product variant that belongs to a kit, Veeqo will recalculate the cost price of the kit based on the combined cost prices of the underlying components.

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