When you connect your store to CJdropshipping, TrueProfit can automatically sync the Cost of Goods Sold (COGS) for your products. This saves you time and helps keep your profit calculations accurate, as the system will always use the latest COGS from CJdropshipping.
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What is the Cost of Goods (COGS)?
COGS is the amount you pay for products you sell. For dropshipping, this usually means the price you paid to your supplier (like CJdropshipping), not the price your customer pays.
Example:
If you sell a t-shirt for $15 and bought it from your supplier for $5, your COGS is $5. Knowing your COGS makes it much easier to see how much profit you’re really making.
Conditions to auto sync COGS for CJDropshipping
You are using CJdropshipping as your dropshipping platform.
During setup, choose "Dropshipping" as your business type and select CJdropshipping.
3. Connect CJdropshipping in the TrueProfit integration section. Read this article to learn how to connect CJdropshiping.
Understand auto-synced Cost of Goods for CJDropshipping
Once you've connected CJdropshipping, COGS data from CJdropshipping will be automatically synced to TrueProfit.
When COGS is being auto-synced from CJdropshipping or Shopify, you cannot directly edit the COGS value in your product list.
To see the COGS for all your products, simply tap on the product level cell.
If you manually enter the COGS at the product level, the value you enter will automatically apply to all related product variants.
For products with multiple variants that have different COGS, TrueProfit will display the COGS as a range (for example, "$10–$15").
When you are done making changes, remember to save your updates so they are applied to your report.
Important note: Manually entered COGS values cannot replace or change the COGS data that is synced from CJdropshipping.
Filters for products and COGS values
TrueProfit offers a search box and a few filters to help you view and manage just the products you want.
Search box: Search for products by its name. Any product name that matches all or a part of your search term will be filtered out.
Product status: This filter includes the product's statuses from Shopify: Active, Draft, and Archived.
COGS source: Filter out COGS values by where COGS is set (Manual, Shopify, or CJdropshipping.)
Display: Filter to display all products in your store or product with COGS value equals 0 only.
Setting up auto-sync for your COGS from CJdropshipping helps ensure your profit calculations are always accurate and up to date. For more help, contact support if you have more questions!