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Best App I tried for this. It gave me a whole different vision of my business and allowed to perform better.
The only thing missing would be shipping cost calculation given 3rd party app developers, or with a given rate.
I per example have 2 different rates, but it's not a fixed percentage that I charge my client. one is +20% the other is +35%.
Great app that does what it says. I have been using SimplyCost for a while now, and I use it daily. I mostly ease it for keeping track of the profit on a day to day basic. After focusing on profit, it has increased 3 times, and the sales are only increased 1,5 time, so focusing on the profit has had a positive impact on the business - thanks to SimplyCost.
Excellent app! It's my "go to" dashboard and I use it multiple times daily. Let's me know how my business is REALLY doing.
Once upon a time I gauged my business through Total Sales on Shopify Dashboard, then I got smarter and looked at Net Sales, and now I've even smarter and use SimplyCost to look at what really matters - Profit.
It's a "must have" app!
Very happy with the app. A very simple way to keep track of your profit. It's easy to add extra costs to allow for shipping and packaging. The reports are clear and easy to read. I especially like the report by month that lets you see how your revenue, cost of sales, and profit are tracking.
The bulk update via a spreadsheet is also very useful for see all the prices of our kids watches that we sell in NZ.
I had tried another costing app in my attempt to get my COGS reporting and was struggling with it. Someone suggested this app and felt I had little to lose to try it. Within 2 days, I had all my cost info in and prior orders costed out. I had a few questions and issues, and the support was awesome. Not only did I get quick responses, but a software fix was put in place to manage a special case in just a few days. i am pleased with the reporting and found this to fill a gap in Shopify.
We use this app to track profitability on the days we send email promotions with a discounted product. Since in this app we can see not only sales, but actual profit on that day, it helps us compare our various promotions to see which ones are the most profitable (rather than just bring the most overall revenue). The app works great, and when I recently had an issue with some reporting getting messed up (not SimplyCost's fault, but it was affecting the reports there) they fixed it for me immediately. Highly recommended.
This app is very important for us (www.nomadostore.com), we've been managing inventory (450+ SKUs) without having having a clear view on the value of our stock and without being able to track profitability on a daily, weekly or even monthly basis. This wasn't a major issue until a few months ago when our business really took off.
Updating individual products is quite simple and the bulk upload function is very impressive. The app also comes with a range of useful reports.
Support from the developer has been perfect, we couldn't be happier.
Owning a family business means that COGS vs profit is a crucial aspect for our future. The set-up process was a little difficult for me since we already had inventory in the system. Sam immediately assisted me and continued through (the night) until I finally had all our information formatted correctly. SimplyCost saves me a substantial amount of time since it calculates the sales while including discounts, refunds, taxes and shipping. The reporting aspect of the App shows me when our store is performing well and which products or variants are most profitable. The very reasonable cost and Sam’s impeccable customer service is well worth it!
First time I installed it, it did not work. Left feedback and then support contacted me. Apparently they were fixing the servers. Then I went back and installed it again. It worked this time and I was able to download the template csv so I can upload the COGS.
Bulk upload status email was in spam folder.
Other than that, app works fine and developer is on point in support. Numbers are correct. Everything works fine. Although, it would be good to be able include fees we incur from other marketplace like eBay, Amazon, PayPal, etc. But even without it, you can still manually calculate it with the help of this app (get the total profit the app gives you and subtract the marketplace fees from it).
Maybe if we had more sales, we might use this but right now a simple excel sheet with formulas are easier.
this one should be built inside Shopify!!