⚖️ How to calculate inventory values of products based on cost and price?
Total Value (Cost) is calculated by taking the "stock cost" of a product or variant, and it is multiplied by the quantity of that item in stock.
Total Value (Price) is calculated by taking the "price" of a product or variant, and it is multiplied by the quantity of that item in stock.
💰All my products don't have an inventory cost. How do I enter the value?
You should enter the cost on the Shopify Admin page. As soon as you update the cost of a product, it reflects on the Merchbees page.
👋
If you have additional questions, please don't hesitate to contact us! We are always here to help!
You can say hello with live chat on merchbees.com or send an email to [email protected].