company logo

Help center

Go to AdLabs
All collectionsGeneral Help DocumentationHow to Use P&L Tracking in AdLabs

How to Use P&L Tracking in AdLabs

How to enable profit tracking, add your COGS, and understand how AdLabs calculates profit.

Enable P&L Tracking in AdLabs

From the Manage Profiles tab, toggle on “Show P&L” for the profile you want to track.

If you don’t see this column, just enable it from “columns” in the sidebar.

info icon
P&L tracking is available for Seller accounts only. Vendor accounts are not supported at this time.

Add Your COGS

AdLabs uses COGS (Cost of Goods Sold) on a per-unit basis.

By default, AdLabs will pull any COGS data you've already shared with Amazon. If you haven't set COGS in Amazon (most sellers haven't), or if you want to override Amazon's values, you can enter your own COGS directly in AdLabs.

You can do this one-by-one or with a bulk upload.

From the Products Overview tab, enable the “COGS” column and then you can add COGS from there.

Or upload via the “Import” tab.

Once your COGS are entered, you’ll be able to enable the “Profit Margin” and “Profit” columns.

How We Calculate Profit

The formula is:

Profit = Total Sales - Amazon Fees - Ad Spend - COGS

Ad Spend includes all ad types at the product level: Sponsored Products, Sponsored Brands, Sponsored Display, and Sponsored TV.

Amazon Fees include everything Amazon charges against your products. The three largest are typically:

  • FBA Fulfillment Fees -- the cost Amazon charges to pick, pack, and ship your orders

  • Referral Fees -- Amazon's commission on each sale (varies by category)

  • Ad Spend -- your total advertising cost across all ad types (excludes SB spend)

Beyond those, Amazon reports a range of smaller fees that are also factored in:

  • FBA Inbound Transportation Fee

  • FBA Inbound Convenience Fee

  • FBA Storage Fee (Base Monthly)

  • FBA Storage Fee (Utilization Surcharge)

  • Long Term Storage Fee

  • Star Storage Fee

  • Low Inventory Level Fee

  • Fuel Surcharge

  • Amazon Upstream Inbound Processing Fee

  • Amazon Upstream Outbound Processing Fee

  • Amazon Upstream Storage Transportation Fee

  • Disposal Fee

  • Removal Fee

  • Refund Commission Fee

  • FBA Inventory Reimbursement

Some fee types can also credit money back to you. For example, if a customer returns a product, Amazon refunds most (but not all) of the referral fee. These credits are reflected in the profit calculation as well.

info icon
The profit value shown in AdLabs comes from a separate Amazon dataset rather than being calculated directly from the fields you see in the app.

This means if you try to manually calculate profit using the Total Sales figure in AdLabs, your number may differ slightly from what we show.

Did this answer your question?
😞
😐
😁