Net profit subtracts cost of goods sold. Verid stores per-SKU unit COGS in base currency and applies it to order lines (and proportional clawback on refunds).
Products page
Dashboard → Products lists SKUs from synced order items. Set or override unit COGS and save — Verid re-applies costs to lines and re-aggregates daily profit.
Magento cost attributes
Optional: enable server-side fetch of Magento product cost attributes during sync (can be slow on large catalogs). Prefer bulk overrides on Products for most merchants.
Tips
- Use base-currency unit cost (same as store base currency in Settings)
- Update COGS when suppliers change prices; historical days recompute from stored lines
- Top products on Overview rank by profit after COGS — see also cash vs cohort