Cost & Selling Price Tracking
See your margin on every product, instantly
See what each product actually earns you, not just what it sells for. Cost and selling price sit together, so the margin is there whenever you look.
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Stock Value
₹14.2L
Low Stock
12 SKUs
Incoming
4 Orders
What do you get out of it?
You can see what a product earns you, not just what it sells for. Cost and selling price are both recorded against each variant, so the margin is a number on the record rather than something you work out in your head at the end of the month.
How does it work?
- 1
Both prices live on the variant
costPrice and sellingPrice are stored per product variant as exact decimals, so a product sold in three sizes carries three margins rather than one average that describes none of them.
- 2
Exact money, not floating point
Amounts stay exact to the paisa, however many bills you raise. A few thousand invoices later the totals still match what you charged.
- 3
Cost follows what you paid
Receiving against a purchase order records what the goods actually cost, so the margin reflects your real buying price rather than a figure typed in once and forgotten.
- 4
It feeds the profit reports
Because cost sits beside selling price on every line, profit reporting is a subtraction rather than a reconstruction.
What situations does it handle?
The same item bought at two prices
The last purchase price is kept on the product, so when the distributor quotes you next you are negotiating against a number rather than a memory.
A fast seller with a thin margin
Per-variant margin is exactly what surfaces this. High volume hides a bad margin in the daily total and nowhere else.
Selling below cost deliberately
Nothing stops you — a loss leader is a legitimate decision. It simply shows as one in the profit report instead of quietly.
How do you get more out of it?
- Fill in cost price as you add products, even roughly. A margin you can see is worth more than a precise one you never enter.
- Check margin per product monthly rather than total revenue. The line that sells most is rarely the line that earns most.
- When a supplier raises prices, update cost immediately — every margin figure after that point is wrong until you do.
Common questions
Can I track profit per product?
Yes. Cost price and selling price are both stored against each product variant, so the margin is available per item and per variant rather than only across the whole shop.
Does it use my actual purchase price?
Receiving stock against a purchase order records what you paid, and the last purchase price stays on the product — which is the number worth having in front of you the next time your distributor quotes.
Will rounding errors creep in?
Amounts stay exact to the paisa no matter how many bills you raise, so your totals never drift a rupee away from what you actually charged.
Included free in every plan
Cost & Selling Price Tracking isn't an upgrade or paid add-on. It sits inside Wiseventory alongside GST billing, inventory, POS, GSTR-1 filing and the rest. One simple price for everything.
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