Setting an Initial Cost for Imported Variants

Whilst we recommend creating variants within your TradeGecko account and publishing out to connected sales channels, there are times where you may need to create variants directly within a sales channel and have them sync to TradeGecko.

When doing so, TradeGecko will import the variant including the available attributes from the associated channel. However, if the sales channel does not support the use of a cost price (the cost to you for acquiring existing stock), TradeGecko is not able to create an Initial Cost, causing each of the imported variants to have a Moving Average Cost of 0.

Note
Further information on Moving Average Cost can be found in this article.

To ensure you're able to track costs and profits accurately for imported variants you'll need to perform an import of your variant's Initial Cost.

We'll guide you through this simple process below:

Once your variants have synced to TradeGecko, navigate to Inventory > Products, then click the Bulk Manage button and select Import Initial Costs.

Warning
The Import Initial Costs option will be displayed if you have variants with unconfirmed Initial Costs. Users that have the Buy Price permission enabled under Settings > Company Details > Team Member > Advance Permission will see this option.

You will see the following screen:

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Select the Export your Initial Cost CSV option to download a CSV file containing each of the variants you can set an Initial Cost for. This process should be completed immediately after creating your Products and Variants.

Add your variant costs (per unit) to the Price column and save the file.

Next, drag your newly saved file into the shaded box (you can also click to select your file), then click the green UPLOAD button. Your cost prices will now be imported into TradeGecko.

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Click the Go to My Inventory.

The updated cost values for your variants can now be viewed on the right-hand side of the variant details page.

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Alternatively, Once you’ve finished with the Product Import process from the Sales Channel, you’ll be prompted with a pop-up message indicating the products that do not have Initial Costs set - here, you can set up the Initial Cost for each of your imported products.

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Note
Please feel free to contact our support team if you have any questions.
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