Why Import Product Costs?
Accurately tracking product costs is essential for calculating profitability and optimizing business performance. By adding product costs in Lebesgue, you ensure that your Business Report reflects precise profit margins and cost structures, helping you make data-driven decisions.
To import your product costs into Lebesgue, follow these steps:
1. Adding Costs Manually
If you prefer to enter product costs individually:
Navigate to Cost and Expenses > Product Costs.
Use the search bar to find a specific product.
Click the edit (pencil) icon in the Lebesgue Product Cost column.
Enter the cost and save your changes.
This method is useful when updating costs for a few products at a time.
2. Bulk Importing Product Costs via CSV
For faster and more efficient cost updates, you can import a CSV file with product cost data.
Steps to import:
Navigate to Cost and Expenses > Product Costs.
Click Import product cost data as CSV.
In the pop-up, click Export Template CSV to download the file.
Open the file and update the "LebesgueCost" column with the correct product costs.
Save the edited file.
Return to Lebesgue and click Upload CSV File.
Once uploaded, the system will automatically update product costs, and you can expect the Business Report to reflect these changes within an hour.
3. Setting a Default Gross Margin
If you don’t have specific cost data for all products, you can set a default gross margin. This margin is automatically applied to all product variants that don’t have a manually entered cost.
To set your default gross margin:
Navigate to Cost and Expenses > Product Costs.
Click Set your default gross margin.
Enter the default margin percentage.
Click Save Changes.
This feature simplifies cost management and ensures that your profit calculations remain accurate even if product-specific costs are missing.
4. Viewing and Filtering Product Costs
The Product Costs table allows you to:
Search for specific products.
Filter by product type or cost status.
Sort products based on price, inventory ID, or cost status.
Identify missing costs by clicking Show only products with no cost set.
By regularly reviewing this section, you can ensure all product costs are up to date, which improves profit calculations and helps you make informed business decisions.
Need Help?
If you need further assistance, reach out to our support team:
Chat with Us: Use the chat icon in the app or on our website.
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Paula, Customer Success & Support Manager: Book a Call
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