Cost of goods sold field? Ever going to happen?

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New Member
12 0 0

*Custom version* of Delicious Profit ? Can you write us more details please ?

Andrea, LoranShop.com
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New Member
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Has BC cost of goods ? Can you show me some screenshots ? Has feature to translat webshops ? Has multistore solution or similar ? Thanks for info.

Andrea, LoranShop.com
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New Member
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Sorry for my questions....I'm looking for a final solution with cogs, good translation solutions (no java, google translator apps or similar...) and if there is multistore is super... but I think I will search for it a lot again ...:)

Andrea, LoranShop.com
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Tourist
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Hi, everyone,

I'm pleased to introduce a great new option for managing Cost of Goods Sold.

https://apps.shopify.com/profitwise

ProfitWise offers some great features, including:

  • Powerful reporting engine with extensive customizability
  • Interactive charts with drill-down capabilities
  • Powerful filter editor to view data for specific product types, vendors, products or variants
  • Inventory Valuation Report to show the value of inventory in your warehouse
  • Ability to define Cost of Goods for each variant as either a single dollar value, a margin percentage, or different values for different date ranges
  • Ability to bulk edit Cost of Goods Sold values
  • Export feature for saving your data to CSV file for easy editing in Excel or other software
  • Ability to consolidate products or variants to avoid duplicate entries in reports (i.e. if a product name has changed over time)

We offer a 14-day free trial, so please check it out.

Best regards,

Jeremy Simon

ProfitWise

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Shopify Partner
195 0 11

@jacob n master, I've only just seen your response (been busy!). All the best with whichever solution you go for.

@loranshop, looking forward to sharing with you what we've got. As well as COGS, we offer multi-locaction inventory too. We get that many of you don't want to pay extra for these functions...I'm thinking long and hard about pricing...interested in peoples comments.

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Shopify Partner
660 0 117

Hi all,

I'm excited to announce a new option for merchants looking to analyze their cost and profit.

We have recently released a major update to our app Better Reports that makes it possible to create all sort of interesting reports.

For example: 

-Monthly cost/revenue/profit per product, with subtotal per vendor

-Total Weekly cost/revenue/profit, with monthly subtotal 

-Daily cost/revenue/profit per product type

-Average profit per order, broken down by country

-Total inventory cost

etc...

These are just examples. I can't emphasize enough the flexibility of the reporting engine. It is possible to segment and filter by any field (vendor, product type, tags, etc...), in pretty much anyway you can think of!

You can also define your own definition of profit (e.g. whether it should include the shipping cost) and cost (e.g. whether it should be static or be a percentage of the product price).

The only required step is that the cost of each product is entered somewhere. You could enter your costs at the product level or variant level (or both), depending on what makes the most sense for your products.

There are a few different ways to enter the cost.

1) Enter the cost in a metafield, with the help of a metafield app (e.g. Custom Fields) or with the powerful free tool Shopify FD (for the more tech savy). This is a clean solution and it is possible to bulk upload your costs from an excel file.

2) Enter the cost in an existing field that you don't use already (e.g. SKU or barcode). This makes it quite seamless, but you need to be cautious of unintended consequences, for example if this field is displayed somewhere on your storefront.

3) Enter the cost with a tag. For example the tag could be cost: 39.23. This can work well only if you don't have a lot of products

Of course the reports are dynamic and will update as soon as you update the cost.

Also, all reports can also be exported to CSV file or Google Drive.

If you're interested, please contact me at clement@betterreports.co so that we can get you set up and discuss any custom reports you may need.

Best,

Clement

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Shopify Partner
195 0 11

Hi All,

I thought I'd upate you that we are about to launch our free beta app that allows you to;

  • upload a cost price so that we can provide profit reporting by category/sku
  • break out your inventory by location which we update to reflect your sales by location
  • show you which locations are most profitable
  • forecast when you're likely to run out of stock and provide suggested re-orders and auto generate them as a pdf, ready to send
  • suggest price reductions if we forecast that a line is likely to continue selling too slowly

We are launching around end October and are preparing our beta group as we speak.

It's not too late to join our free beta.

We plan to charge just $55pcm after a 30 day free trial, once we're out of beta, so there's plenty of time to use our app for free until then.

You can join our beta by clicking our logo above or email me at karen@theprosperousshop.com and I'll add you to our beta group.

Kind regards,

Karen

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Tourist
22 0 2

Post-black Friday surprise for merchants! Free COGS + Profit tracking - https://apps.shopify.com/order-metrics-profit-analytics

This is a real app with real users :) 

Our software helps you lower shipping costs and improve your gross profit margin.
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Shopify Partner
195 0 11

Hello everyone!

We kept our promise; 

The Prosperous Shop is here!!! We kept our promise throughout all the setbacks. Retail will never be the same again.

The Prosperous Shop
For small and growing retailers who are currently using spreadsheets or a string of apps to run the business; our smart analytics are that best-in-class solution that takes care of your product life-cycle management.
Unlike software the provides data to LOOK AT, we give you data to look at then tell you what to WHAT YOU CAN DO ABOUT IT.

Our software provides the help that you want and the features you need because; WE KNOW RETAIL AND WE EXIST TO HELP YOU GROW.


Join our Beta and try for 2 months FREE at www.theprosperousshop.com

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Shopify Partner
195 0 11

Hi All,

I'm happy to confirm that our app is finally live and in the app store under the inventory category.

We offer cost price upload in bulk or via our super helpful RAPID method, profit reporting through our easy to use, yet powerful dashboard, inventory visability across locations, purchase orders, price markdowns.

Feel free to take us for a test drive - we offer a 14 day free trial

Kind regards,

Karen and the team

The Prosperous Shop

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