Invoiced Cost is the actual cost, paid to the manufacturer or distributor by end-customer. Typically it includes tax, shipping fees and other additional payments, that are required to deliver goods from merchant to buyer.
In Magento 2 (and in Advanced Reports extension as well) Invoiced Cost is the actually paid amount by the order. You can see its raw value and its summands in Order Totals:
In the example above Invoiced cost includes Base cost, also called Subtotal ($29), Shipping Fees ($5) and Tax ($2.35). Therefore, Invoiced Cost would be $36.39.
Widget Invoiced, which you can see at Advanced Reports Dashboard, contains total of all invoiced costs for a period.
Did you know…
… that our Advanced Reports extension allows you to not only place to the dashboard widgets, but also have multiple Dashboard each with its own purpose. You can track not only your sales, but also any activity with currency or numeric metrics, and group them in separate dashboards in most convenient way.
And we also have pretty powerful Report Builder, which will help you to create report on any activity on your store. They also can be placed to your custom dashboards.