Set and update unit costs

About setting unit costs with purchase orders

With Square for Retail Plus, the unit cost for the items is automatically saved when you receive stock using a purchase order.

Before you begin

Tracking your unit cost is only available with a subscription to Square for Retail. If you don’t have a subscription yet, you can sign up for a free 30-day trial.

Once you have signed up, before you can take advantage of the reports available with Inventory Plus, you need to set a unit cost for each item in your library.

Set and edit unit costs

1. Sign in to your Square Dashboard and click Items & orders > Items > Item library.

2. Search and select an inventory item to adjust.

3. Scroll down to Variations, then click Receive stock.

4. Under Manage stock, choose a location to adjust inventory for.

5. Next to Stock action, click Stock received.

6. Enter the stock quantity, vendor name (optional), and the unit cost.

7. Configure any other variation setting, then click Done.

Bulk edit unit cost for variations

1. Sign in to your Square Dashboard and click Items & orders > Items > Item library.

2. Select the relevant items, then click Edit items.

3. Scroll to Unit cost and enter the new unit costs.

4. Click Update variations.

You can also set your unit costs when you Receive a purchase order with Square for Retail.

Related articles

• Add and create items from purchase orders in your Square Dashboard and Square for Retail

• Update unit costs and adjust quantity

• Item Library and Unit Cost Management