WooCommerce Cost of Goods:
You already know that WooCommerce was once limited in many ways regarding features and functionality. But now with the update to its version 2.0 they have completely revamped their style and reporting functionality. Rich insights of your store are available now with a much modern and cleaner look. But Cost of Goods is mainly created for you to get even more out of WooCommerce reports.
You will use the WooCommerce Cost of Goods for getting profit reports of your store instead of the regular sell report. You just have to enter your buying price, and the extension will calculate the profit and send you a report. You can now have a look at the reports per day, week, month and year with this extension.
You will have to fill a single field in the product box which says Cost of Goods. After this, the extension will work for itself and give you an estimate of the profit you are making for that product.