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 and recalculates weighted average or FIFO. It reads supplier invoice PDFs — only lines it can prove — or QuickBooks and Xero bills. Freight and duty fold into landed cost. The ledger is tamper-evident: verifiable without trusting us. Turn on order access and each sale is costed at that day's price — gross profit, and which variants sell below cost. Order lines only: quantities, prices, discounts, refunds. Never shopper names or emails.

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