SKU-Level Cost of Goods
What to Include in a SKU-Level Cost of Goods File
You can pass us a SKU mapping file in two primary methods explained below. Your SKU mapping file should be sent as a Google Sheet and updated at least monthly to ensure costs are current.
Method 1 - Change Over Time
In your mapping document input the start_date of a SKU and the timeframe in which the SKU had the associated cost (see sample below)
For example if the cost of a SKU was $18 for orders between 7/1/23 and 10/24/23, and then $19.50 from 10/25/23 to the current date.
On one line put the SKU with the start_date (7/1/23) and the end_date (10/24/23).
Then on a separate line re-enter the SKU with the new price in the cost column and the new start_date.
Here is a sample file illustrating how to pass SKU costs as they change over time:
sku | cost | start_date | end_date |
---|---|---|---|
1234 | $18 | 7/1/23 | 10/24/23 |
1234 | $19.50 | 10/25/23 |
Method 2 - Go Forward
Alternatively, clients can utilize the COGS sheet on a go forward bases.
In your mapping document input the earliest start_date that you have for a SKU and leave the end_date blank (see sample below).
sku | cost | start_date | end_date |
---|---|---|---|
1234 | $18 | 7/1/23 | |
5678 | $19.50 | 8/1/23 |
We will use the high level gross margin inputted in the cost of goods section of the app as the historical for the SKU prior to that date
Where Can I Find the Data?
This data can be exported from an ERP, product management system, or Shopify. Contact your Customer Success Rep to set up the integration.