Cost of Goods Sold

Know your exact cost
on every product you make.

Most craft vendors guess their COGS or skip it entirely. venq calculates it from your actual material costs and updates it automatically. No formulas. No spreadsheets.

The problem with guessing your margins

Most craft vendors price their products by feel or by copying what others charge. When material costs go up, they forget to update their prices. When they sell at a market, they have no idea if they made money or just made sales.

COGS is the number that tells you whether your business is actually profitable. Without it, you're flying blind every time you set a price, apply to a market, or decide what to make more of.

How venq calculates your COGS

01

Log your materials

Add the raw materials you buy: soy wax, fragrance oil, wick, labels. Log each purchase with quantity, unit, and price paid.

02

Build a recipe per product

Tell venq exactly what goes into each product. How many oz of wax, how many ml of fragrance, how many labels. venq does the math.

03

Get your real COGS

venq calculates cost per unit from your recipe and material costs. When prices change, update your purchase log and COGS refreshes everywhere.

04

See margin on every sale

Every event shows your gross sales, COGS, and net profit. No spreadsheet formulas. No manual updates.

What's included

Everything you need to track cost of goods accurately, without a spreadsheet.

Recipe-based COGS

Build a recipe for each product with your actual ingredients and quantities.

Auto-updating costs

Log a new purchase and your COGS recalculates everywhere automatically.

Unit conversion built in

Track materials in oz, lb, ml, L, g, kg, or units. venq converts for you.

Margin per event

Every market shows your gross, COGS total, and net profit side by side.

  • Calculates COGS from actual material costs, not estimates
  • Updates automatically when you log new material purchases
  • Weighted average cost across multiple purchase prices
  • Built-in unit conversion: oz to lb, ml to gal, and more
  • Flags products with no COGS so nothing slips through
  • Recalculate across all past events with one click

Stop guessing your margins.

Free to start. No credit card required.

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