Accurately tracking your cost of goods sold (COGS) and shipping costs is crucial for managing your business finances and optimizing your profit margins.
1.Click on Settings > under COGS
Alternatively, you can also click here.
2. Set an average COGS
If COGS net is not available for your products in Shopify, you can set an average rate to calculate COGS based on the undiscounted net sale price of each item. If you have already uploaded your COGS, we'll use those figures, and you won't need to configure them here.