Can anybody recommend app which can accurately track Profit & Loss of my Shopify Store?

Topic summary

A Shopify store owner is seeking a profit and loss tracking app that can:

Key Requirements:

  • Accurately integrate Facebook and other marketing channels
  • Properly calculate cost of goods sold (COGS) and other expenses
  • Provide daily accurate P&L reports
  • Eliminate data discrepancies across platforms

Recommended Solutions:

Polar Analytics - Shopify-specific tool with customizable revenue calculations, major data source integrations, and 14-day free trial

Adscale - Offers multi-channel advertising integration, customizable filters (time, country, channel), business insights (CLV, repurchase frequency), and campaign management capabilities across Facebook, Google, SMS, and email

TrueProfit by OneCommerce - Automates cost metric setup, tracks expenses in real-time, and includes often-overlooked metrics

Bloom Analytics - Provides detailed profit breakdowns through reports and mapping visualizations, with marketing channel integrations for Facebook, Google Ads, and TikTok Ads

All recommended apps offer free trials or freemium options for testing before commitment. The discussion remains open with no clear resolution on which solution best fits the original poster’s needs.

Summarized with AI on November 1. AI used: claude-sonnet-4-5-20250929.

Hi @Manny_La @Allie_Hattie you might also want to have a look at Polar Analytics. Built especially for Shopify, you have no data discrepancies and you can customize your revenue calculation. Integration with all the major data sources. They have a 14 days Free Trial if you want to try the App before paying.