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Adding And Editing Cost Of Goods
Adding And Editing Cost Of Goods

To get the most accurate results with SKUify it is important to complete the Cost Of Goods Information.

Matt Connolly avatar
Written by Matt Connolly
Updated over a year ago

Each seller has their own individual costs and SKUify allows for them to personalise their SKUify results.

In Settings, choose Cost of Goods Information.

Different costs can be allocated for different models of selling on Amazon by selecting FBA (Fulfilled By Amazon), FBM (Fulfilled By Merchant) or SPF (Seller Fulfilled Prime).

SKUify allows users to enter specific types of costs that should be applied to inventory sales:

  • Bundling Fee - prep centres often charge an additional fee for bundles

  • Prep Fee - prep centre, or locally incurred, charges for prepping items

  • Packaging - poly bags, tape, boxes, etc.

  • Handling - additional costs associated with prepping and handling inventory

  • Other - any other costs not covered by the above can be added here

  • Shipping - cost of postage when fulfilling manually

  • VAT Free Shipping - where applicable, some delivery costs may not incur VAT

  • Inbound Shipping Cost - charges to ship stock to Amazon fulfilment centres

  • Extra Fee - input in monetary or % any additional fees

To add a cost into a Cost Of Goods line, firstly add a Start Date and End Date by clicking on the date and selecting from the dropdown calendar.

Input the amount to be included for that cost type and toggle the VAT if it needs to be added to the cost amount.

Complete this for all the costs to be included in SKUify’s calculations, and click on Update to apply them to the inventory.

To edit existing Cost of Goods information, make any changes to the dates or amount and click on Update to apply them.

There is an option to add multiple costs for each type of cost. This might be useful when costs change, i.e. prep centre charges increase or a different delivery partner is used.

Click on the plus sign to the right of any of the Cost of Goods line and a new line will appear. Enter the date, amount and VAT information and then Update at the bottom of the page. This will apply the cost to inbound inventory in the range of dates entered.

To reveal or hide any additional or historic Cost of Goods click on the Up/Down icon next to the name of the cost, when it shows in blue. If it is greyed out only the displayed Cost of Goods has been entered for that type of cost.

To delete an item, click on the delete symbol and then Update.

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