SimplyCost ‑ Profit Analytics

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!!

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!

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!

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

Excellent app to address the COGS deficiency in Shopify. Installation couldn't be easier. Integration with Shopify inventory management is smooth. When you add a product, just go to SimpyCost and click the "Variants without cost" link. All the new products and variants are displayed for you to easily input their costs. It's nice to see my profit in Shopify but the real value is to get the number for input to my accounting system. Rather than per order or even per day which would be a lot of time I make it a weekly task which Simplycost makes very easy. The Simplycost Inventory report is my primary tool for tracking and planning my inventory purchases. This app is great value!

Its a super good app....I use it every month to add COGS to each item and to download reports at the end of the accounting period.

Brilliant App, highly recommended, makes it so simple to keep track of profit/loss and stock value!

Simply Cost is a cost effective and easy way to track COGS for our sales and samples we send out.