While we automatically pull in and populate most of the data required to calculate estimated gross margins, we still need a little help from you. Entering your Cost of Goods Sold gives you more metrics and better reporting--and it’s really easy to do!
***If you have previously entered COGS and are updating the value, your new COGS will be reflected moving forward and we will retain old COGS for historic data.
Check out this short video on how to enter COGS in Flywheel:
In the application
Through bulk import/export
If you have a large number of SKUs, we make it simple to import your COGS in bulk.
1. Download a template from the Product Settings page by clicking "Export". A template will be emailed to you in just a few minutes.
Note: the export contains 2 columns. One for
sku and one for
cogs . The template already includes a list of
sku. You will need to enter
cogs and save as a .csv. Learn more about calculating your COGS here. DO NOT change the column titles as this will prevent a successful upload.
2. Upload the template. Make sure the
cogs field only includes numbers and does not include special characters such as "$". DO NOT change the column titles as this will prevent a successful upload.
Your import will complete in a few minutes!