Inventory

What is this page?

The Inventory page is where you manage the cost of your products. Setting accurate Cost of Goods Sold (COGS) is essential for calculating profit metrics like Gross Profit, Operating Profit, Margin, and ROI across all Dashboardly pages. You can set costs at the product level (recommended) or per individual SKU, import costs in bulk, or use FIFO (First In, First Out) tracking for precise cost accounting.

Key Metrics on This Page

Summary Widgets

Configurable metric cards at the top show aggregate inventory and sales metrics. Click "Configure Metrics" to choose which metrics to display.

Unit Cost (COGS per unit)

• What it shows: The cost you pay for one unit of a product.
• Important: This is the foundation for all profit calculations. If not set, COGS defaults to $0 and Gross Profit will equal Net Sales.

Landed Cost

• What it shows: The full cost of getting a product to your warehouse, including additional expenses beyond the base product cost.
• Formula: Unit COGS + Inventory Shipping + Customs Duty + Import VAT
• Important: If you only set the base unit cost, Landed Cost equals COGS. Add shipping, customs, and VAT for a more accurate total cost.

Cost of Goods Sold (Total)

• What it shows: Total cost of all units sold in the selected period.
• Formula: Unit Cost x Units Sold
• Important: COGS for cancelled orders is handled carefully. If a product was shipped but the order was later cancelled without a return, the COGS is still counted because you lost that inventory.

Features

Table Columns Overview