True COGS: Cost of Goods Sold icon

True COGS: Cost of Goods Sold

Built for Shopify

by Nexus Logic SystemsPartner

True COGS records what you paid on every receipt, recalculates weighted-average or FIFO cost, writes it back to Shopify, and keeps every cost permanently.

5.0(1 reviews)· Free plan available
Inventory value on install, with the cost history behind it
True COGS Catchs the loss before the order.
Entering a unit cost, with the new average previewed
True COGS permanent cost history ledger with export
Closing stock value on any date you choose
margin and tariff

About this app

True COGS records what you paid on every receipt, recalculates weighted-average or FIFO cost, and keeps each product's cost per item true. Upload the supplier's invoice PDF and it reads the lines it can prove — never guessing at the rest — or connect QuickBooks or Xero and costs come from bills you already entered. Freight and duty fold into landed cost. Read what any product cost on any date, and export a year-end valuation for your accountant. Never reads orders or customers.

Pricing

Free

Free

  • Weighted average cost on every receipt
  • Import past purchase orders, with dates
  • Import unit costs in bulk from a CSV
  • Permanent cost history, every price paid
  • Catches prices below cost, before orders

Standard

$29 /mo

  • Read invoice PDFs, QuickBooks or Xero
  • One-click reprice to your target margin
  • Enter costs before the stock arrives
  • Nightly watch: emailed if prices break

Pro

$79 /mo

  • Everything in Standard, plus:
  • FIFO costing method
  • Landed cost: freight, duty by HS code
  • COGS & margin reports
  • Inventory valuation for your year-end