Articles on: TrueProfit

How to add Handling Fees

It is wise to keep track of any expense that might arise in your business, no matter how minimal it seems. With True Profit, you can now add and monitor the Handling Fees that contribute to the Total Cost.

What is the Handling Fee

This is the amount that covers all expenses regarding fulfillment, such as warehouse storage cost, shipment cost, and packing cost.

Not every product has a handling fee, but once present, the handling fees will give you a more accurate picture of your business.

If Handling fees are not added to True Profit, the default value of a product will be zero.

How to add Handling Fees in True Profit?

In True Profit, you can add a handling fee to an individual product (or variant) in 2 ways.

1. Manually Adding

Go to Calculation > Product Cost > Product List. You'll see a list of products in your store. At the product's handling fee in the corresponding column located next to the COGS column, click the Editing Symbol, put in the number, then save.

2. Editing in a CSV. file

This way comes in handy when there are many products to manage.

To do this, first, you need a template containing all products in your store. Go to Calculation > Product Cost > Product List, find the Export button. Click to download the .csv file.

Make changes to the Handling Fees column in the file, then upload it back using the Bulk Edit button.

Once you have structured your Cost Setting, you can see Handling Fees in the Profit Analytics Section (Spend Details).

Updated on: 09/09/2022

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