SimplyCost ‑ Profit Analytics

Love this app for the simple fact that I did inventory for my taxes in about 30 seconds! I trust my online inventory counts and had no idea how to access them without this app - it calculates your number of pieces in inventory, amount you paid, and amount of profit you will gain. Available CSV downloads as well - so worth it! I also love seeing how much profit I made in a given month. Only wish was that I could figure out how to more accurately input my shipping costs per transaction, but now I use the shipping feature on Shopify and hoping that is calculated now that it is linked. Great app!

I'm really enjoying this app as it cuts down a ton of accounting work I have to do every single month!

Brilliant App! Gives me a true ideal of my profit after the cost of goods sold, shipping and any tax payable is deducted from our income. Has great reports too, so I can now see my profit of certain products, vendors, sku's which are all exportable! You are also able to view the current value of your stock, with it's potential revenue and profit. You can also see the profitability percentage of individual products, orders and all these reports can be applied to your archived past orders too!

Did have issues with the csv upload so I we was forced to unfortunately manually upload the cost prices of products and then individual apply again to all products previously sold in past orders. (Approx 900 products within 8000 orders took the majority of the day).

Having said that the support was excellent and personal with almost immediate responses, and help was given with my manual uploads and my data was double checked for me to make sure I hadn't missed anything (Thanks).

I would like to add that all though it took sometime it was so worth it and to be honest having to go through it all gave me a much better understanding of both the app and it functions as well amy own COGS. Having it on a spreadsheet somewhere is all well and good but I now know them all from memory!

Thanks for a great app guys - Keep up the hard work!

UPDATE: I've been using Simply cost for about a year now and it's my favorite app without a doubt. If you're wondering which app to use - use this one!

ORIG REVIEW:
We have over 23,000 SKUs and this app is phenomenal. It does exactly what is promised, is stable and bug free, and Sam has been incredibly helpful with my questions. Would recommend to anyone looking to get straight forward information about their cost of goods sold! Keep up the great work Sam!

Works Great. I am using this to quick compare products profit loss. Definitely going to keep using it.

This app makes it really easy to see what your actual profit margins are. It’s simple to install and the reports are far better than what Shopify gives you. The “current inventory” value is also very useful for tracking overall inventory cost.

Updating my review months later: EXTREMELY happy with this app, and the customer support has been top notch. App is priced really fairly too!

I used to write my own spreadsheets to work out all the COGs, Profit Margins, Inventory Stock Value (running) etc., but this software does it all plus so much more. I use this software every day. Completely worth every penny (and more). The best app l have ever installed into Shopify. Love it. Very happy. Thank you. You guys, you rock!

FAO SimplyCost... Developers, something to think about - any chance of being able to print out the reports directly from Shopify as they appear on the screen? This would be super helpful when preparing work to pass onto the account :)
Also if, in the future, if you are looking for little tweak ideas, it would be groovy to be able to sort information by clicking on the column headings from within Shopify for all of the report sections. Neither of these ideas are essential, as you can do these things easily enough by exporting the Excel file, but it would save a step or two and would just be the cherry on top of an already delicious cake.

Great app. I began using this app 2 years ago to track COGS. I continue to use this app because from an accounting perspective simplycost delivers more accurate/ user-friendly reports than shopify's reports. It also offers powerful yet simple business decision tools such as vendor profitability reports, product type profitability reports, and inventory snapshots. I also use the export sales orders feature monthly which provides detail on all sales. Overall, it's a must have app at this price that I'd highly recommend.
~ cutieschildrensboutique.com

Great app! I Hope they will also develop or add something to track expenses and other liabilities.

I love this application, it allows to have a quick overview of the costs / benefits and as a bonus, we can export the data for the accountant. Many hours of work saved. Wow!

J'adore cette application, elle permet d'avoir un aperçu rapide des coûts/bénéfices et en prime, on peut exporter les données pour le comptable. Beaucoup d'heure de travail de sauvé. Wow!