True COGS: Purchase Order Cost
- Pricing
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Free plan available. Free trial available.
- Rating
- 5.0 (5)
- Developer
- Nexus Logic Systems
Featured images gallery
Margins and COGS at what you really paid. Each delivery averages into Cost per item by itself.
In Shopify, Cost per item stays fixed when you receive stock; a new price replaces the cost of all stock. As you receive inventory, True COGS keeps inventory cost at weighted average cost or FIFO, with landed freight and duty, in Cost per item: the purchase order price, or one you enter, is averaged with stock you hold. Stocky replacement: import Stocky or CSV costs. Month-end close: cost of goods sold (average or FIFO COGS), inventory value, inventory valuation report, QuickBooks COGS journal.
- Received purchase orders update Cost per item: moving average cost or FIFO cost
- Landed cost per unit: freight and duties shared into each unit cost
- Stocky alternative for average cost: import Stocky purchase order cost history
- Stock value and inventory value at what you paid; month-end cost of goods sold
- COGS tracker and cost tracking: every price paid on record; import Stocky or CSV
Languages
English and Spanish
Works with
- Shopify Admin
- quickbooks online
- Stocky
Categories
Inventory management
Order management
Notifications and analytics
Financial reports
Financial operations
Automated data sync
Pricing
Choose the plan that best fits your business.
Free
Free
Features
- 25 variants with a cost on record
- Received POs update your average cost
- Check open POs against your last price
- Spots products priced below their cost
- Every price you paid, dated and kept
- Inventory value at what you paid
- Gross profit and margin at real cost
- Answers from the developer who built it
Starter
$29 / month
or $290/year and save 17%
Features
- 500 variants with a cost on record
- Everything in Free, plus FIFO costing
- Accountant pack: costs and stock value
- Export your full cost history
- Landed cost: freight, duty, any currency
- Which supplier raised what, and when
- Month-end close of your costs
- Enter what you paid before stock lands
14-day free trial
Growth
$49 / month
or $490/year and save 17%
Features
- 2,500 variants with a cost on record
- Everything in Starter
- Priority support
14-day free trial
Scale
$79 / month
or $790/year and save 17%
Features
- Unlimited variants with a cost on record
- Everything in Starter
- Priority support
14-day free trial
All charges are billed in USD. Recurring and usage-based charges are billed every 30 days.
Reviews (5)
- 100% of ratings are 5 stars
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0% of ratings are 4 stars
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0% of ratings are 3 stars
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0% of ratings are 2 stars
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0% of ratings are 1 stars
I installed this expecting another cost field. What I got is a ledger — every price I pay written once and kept permanently. So March's margin still reads as March's margin when I look in September.
The freight and duty allocation alone was worth the price. HS code in, real rate out, landed in that receipt's unit cost. Replaced a spreadsheet I'd kept badly for two years.
What won me over: I refunded an order without restocking, and it showed me a worse margin, with a line explaining the stock was paid for, refunded and gone. Most tools would quietly delete the sale and flatter me.
It's honest about limits too — it won't invent an exchange rate for a foreign invoice, and says so.
Not for you if you sell consignment or one-of-a-kind stock; it assumes you own what you sell.
I've stopped keeping a parallel spreadsheet
I installed this expecting another cost field. What I got is a ledger — every price I pay written once and kept permanently. So March's margin still reads as March's margin when I look in September.
The freight and duty allocation alone was worth the price. HS code in, real rate out, landed in that receipt's unit cost. Replaced a spreadsheet I'd kept badly for two years.
What won me over: I refunded an order without restocking, and it showed me a worse margin, with a line explaining the stock was paid for, refunded and gone. Most tools would quietly delete the sale and flatter me.
It's honest about limits too — it won't invent an exchange rate for a foreign invoice, and says so.
Not for you if you sell consignment or one-of-a-kind stock; it assumes you own what you sell.
I've stopped keeping a parallel spreadsheet.
Thank you for taking the time to write this.
You've picked out the two decisions that were hardest to make. The refund one especially — it would have been simpler to drop the sale and show a cleaner number, but you paid for that stock and it left, so no report should pretend otherwise.
And you're right about consignment. The app assumes you own what you sell, and it's better to say so than to quietly get it wrong.
If you hit something it won't answer, write to me directly.
True COGS
Nexus Logic Systems
Finally see what a reorder really costs
Most of what I sell comes from overseas, and between supplier price changes and the duty increases this year my Shopify cost-per-item was never right, I'd only notice at month end when margins looked off. I set up True COGS mainly for the cost tracking, but the tariff page turned out to be the part I use most.
I tagged my products with their HS code and country, entered the duty rates I actually pay, and now it shows me what each product costs to reorder after duty and flags the ones that fell below my target margin. It caught two products I was basically selling at breakeven after the last rate change.
Enter what you paid when stock arrives and it updates the cost automatically, plus keeps a history for my accountant. Support answered fast when I had a setup question.
Thank you for taking the time to write this — it means a lot. You've described exactly why the tariff page exists: importers were flying blind on what a reorder actually costs once duty is in the mix, and month-end was too late to find out. I'm really glad it caught those two breakeven products for you before they cost you more.
If you ever run into a rate that behaves oddly or want something the tariff page doesn't do yet, email us anytime — feedback from merchants who actually import is what shapes what we build next. Thanks again for the thoughtful write-up.
Support
App support provided by Nexus Logic Systems.
Resources
Developer
Launched
June 15, 2026
Data access
This app needs access to the following data to work on your store. Learn why in the developer's privacy policy .
View customer data:
Sensitive data, device and activity data
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Sensitive data
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Device and activity data
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View staff and contributor data:
Store owner
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Store owner
Name, email address, phone number, physical address
View and edit store data:
Products, orders, store analytics
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Edit products
Inventory, products, collections
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View orders
All order history
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View store analytics
Reports
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View other data
Inventory purchase orders, inventory shipments, inventory shipments received items, inventory transfers, locations
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