Related categories

Profiteer ‑ Cost of Goods Sold

Total value of your inventory and reports on profit from sales

From $15/month. 3-day free trial.

App highlights

  • Seamless workflow: use directly in Shopify admin

  • Speed tested: no impact to your online store

Key values section

Inventory Value

Get the total value of your unsold inventory at any time with Profiteer. A necessary accounting exercise for most merchants.

Profit from Sales

With changing cost and retail prices, a report on profit and margins for any period of sales time (day, week, month etc) is essential.

Enhance Shopify Reports

Shopify orders are available with many details except line item cost price, a value provided by Profiteer when you need that.

App details

Profiteer ‑ Cost of Goods Sold

Profiteer ‑ Cost of Goods Sold

Profiteer for Cost of Goods Sold

Shopify provides a retail selling price for your products. Profiteer provides you with a second value, the cost price of the product. Reports on your real profit and margins are then available to you anytime. The key function of Profiteer App is to record the cost price of a product at the time it is sold.

  • With cost pricing set you'll know the total cost of inventory and the cost of goods sold for any period of time.

  • Tracking costs supports reports showing your most profitable items sold.

  • You can export your inventory and have a quick estimate of the total cost of your inventory, generate profit per vendor, profit for a period of time in the past, and other reports.

  • The App comes with weighted cost averaging (AVCO) as an option to use, so when you purchase more stock, you can record the new cost price you paid for your inventory, and continue selling old inventory, with the cost price all worked out for you, a major convenience.

  • The App works with discounts and refunds. If a 100.00 item was discounted by 20.00 and cost 20.00 you will see that it sold for 80.00 resulting in a profit of 60.00. If someone returned 2 of 3 items purchased, the app will adjust the sales to change the 3 to a 1.

Launch date

Profiteer ‑ Cost of Goods Sold

Profiteer ‑ Cost of Goods Sold

Profiteer for Cost of Goods Sold

Shopify provides a retail selling price for your products. Profiteer provides you with a second value, the cost price of the product. Reports on your real profit and margins are then available to you anytime. The key function of Profiteer App is to record the cost price of a product at the time it is sold.

  • With cost pricing set you'll know the total cost of inventory and the cost of goods sold for any period of time.

  • Tracking costs supports reports showing your most profitable items sold.

  • You can export your inventory and have a quick estimate of the total cost of your inventory, generate profit per vendor, profit for a period of time in the past, and other reports.

  • The App comes with weighted cost averaging (AVCO) as an option to use, so when you purchase more stock, you can record the new cost price you paid for your inventory, and continue selling old inventory, with the cost price all worked out for you, a major convenience.

  • The App works with discounts and refunds. If a 100.00 item was discounted by 20.00 and cost 20.00 you will see that it sold for 80.00 resulting in a profit of 60.00. If someone returned 2 of 3 items purchased, the app will adjust the sales to change the 3 to a 1.

Launch date

Pricing 3-day free trial

Basic Plan

$15/month

Large Inventory

$30/month

  • For merchants with more than 25,000 SKUs

* All charges are billed in USD.
** Recurring charges, including monthly or usage-based charges, are billed every 30 days.

Reviews

4.2 of 5 stars

The overall rating reflects the current state of the app. It accounts for all app reviews but prioritizes the most recent ones.

Counts per rating level
  • 84% of ratings are 5 stars
  • 6% of ratings are 4 stars
  • 0% of ratings are 3 stars
  • 3% of ratings are 2 stars
  • 6% of ratings are 1 stars

List of reviews

Filter and sort reviews

  • Province of Canada

    Location Canada
    Time spent using app 4 days

    Really happy with the app so far and support has been super helpful! We needed them to update our COGS sales history for the past 6 months, so we could run monthly COGS reports, and they got it done within 48hours. Thanks Dave :)

  • MX Wholesale UK Discount Wholesale and Pound Shop Supplier

    Location United Kingdom
    Time spent using app About 5 hours

    Clunky app taking some time to setup yielding less than average results and a limited reporting functionality. Horrible customer service. Dave is not friendly and unprofessional. I do not recommend.

    Developer reply
    February 6, 2021

    Hello? Terrible customer service? I answered your emails within minutes, accurately and without a single word or phrase unfriendly or unprofessional. You criticize my App without really even using it, and you criticize it for not having capabilities missing from Shopify, never mind the App? Please re-consider your 1-star review as I do not feel it is merited, all things considered.

  • Trucklumi.eu

    Location United Kingdom
    Time spent using app 11 months

    Very good. I like this app but it takes some setting up if you already have loads of products. Could do with a better export function instead of a messy CSV file.

    From https://www.trucklumi.eu

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