Skip to main content

How to save Unit Cost on Prediko?

Written by Youri Moskovic

Save Unit Cost on Prediko

Where does "Unit Cost Shopify" come from?

We grab the Unit Cost from your Shopify. It is in the currency of your Store. To ensure unit costs are updated in Prediko, update the unit cost in Shopify and resync the app in Prediko by clicking the arrows next to 'Last Sync' on the Plan page. Allow 1-2 hours after the sync is completed for Prediko to update the costs.

You can see it as a column in:

  • Replenish Table

  • Purchase Order


​

Will you convert the foreign exchange "Unit Cost Shopify" to the currency of my Supplier?

Yes, when you assign a Supplier to the SKU, and if this Supplier doesn't have Unit Cost saved previously (see below how to save Unit Cost), we will foreign exchange the "Unit Cost Shopify" to the Supplier's currency. Additionally, Prediko allows you to override Shopify unit costs by saving the desired cost in the supplier settings or directly within a purchase order (PO). These overridden costs will not revert after subsequent Shopify syncs.

In the above example:

  1. SKU has no Supplier assigned -> so when creating PO "Unit Cost Prediko" is NA

  2. When assigned Supplier -> Prediko has exchanged the "Unit Cost Shopify" to the currency of the Supplier selected

How can I change the Unit Cost on Prediko?

  • Update the Unit Cost directly in the PO when you are making an order

  • Edit Unit Cost for Supplier in your Settings

  • "Settings" > "Suppliers" > Click Supplier name > "SKUs Supplied and MOQ" > Edit Unit Cost Prediko

  • Use the Excel import feature to bulk update costs. On the import page, select "SKUs linked to Supplier" to map SKUs to suppliers and add or update unit costs.

How can I save my Unit Cost for Supplier?

There are two ways to save the Unit Cost:

  1. Update unit costs directly in Prediko from the Supplier page under "SKUs supplied."

  2. Use the Excel import feature to bulk update costs by selecting "SKUs linked to Supplier" on the import page.

  1. Click on the "Save Unit Cost for Supplier" button, which appears when you edit Units Costs on the finalised Order

2. Edit it directly in Settings for Supplier.

  1. "Settings" > "Suppliers" > Click Supplier name > "SKUs Supplied and MOQ" > Edit Unit Cost Prediko

Where can I see the unit costs that I saved for this SKU per Supplier?

You can see what costs have been previously saved by hovering on the (i) in the "Unit Cost Prediko" column. Additionally, Prediko retains unit costs as set at the time of PO creation to ensure consistency, even if Shopify unit costs change later.

If I update my Supplier, will the Unit Cost change in my PO?

Yes, if you update your Supplier on the "New PO," Prediko retains the unit costs as set at the time of PO creation to ensure consistency. For example, if a unit cost in Shopify changes after a PO is created, Prediko will retain the original cost to maintain the integrity of the PO records.

(1) If you have Supplier "Unit Cost Prediko" saved already, we will pick up the saved Unit Cost

(2) If no "Unit Cost Prediko" has been saved for this Supplier, we will foreign exchange the previous Unit Cost to the currency of the new Supplier.

Where do you use Unit Cost in the app?

  • Calculation of Total Cost (historical and future)

  • Inventory On Hand reports are currently based on Shopify unit costs, with planned updates to include Prediko unit costs.

Did this answer your question?