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True COGS: Cost of Goods Sold
- by Nexus Logic Systems
- Free plan available. Free trial available.
- by Nexus Logic Systems
- Free plan available. Free trial available.
Track what you actually paid for inventory on the date you paid it. Never lose cost history or rely on guesswork for COGS and inventory value.
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About the True COGS: Cost of Goods Sold
True COGS maintains a complete dated ledger of your actual costs, so you always know what you paid for inventory on any specific date. Unlike standard systems that overwrite costs with each delivery, this app records every price change and preserves your full cost history.
Track your cost of goods sold using weighted average or FIFO methods. Include freight and duty for accurate landed costs, calculate bundle costs from component parts, and see real inventory values based on your actual receipts—not estimates.
Spot products selling below cost before month-end, review what any variant cost on past dates, and get accurate year-end inventory valuations. Post monthly COGS and inventory journals directly to QuickBooks or Xero. You can even import existing cost history from Stocky or Inventory Planner with dates intact, ensuring your accounting reflects reality.
Launched: June 15, 2026
Key features
- See what any variant cost on any past date, not just what it costs today
- Find products selling below cost before the month-end report finds them
- Inventory value at year end, from the prices on your own receipts
- Post month-end COGS and inventory journals to QuickBooks or Xero
- Import your cost history from Stocky or Inventory Planner, dated
Integrations with:
- Shopify Admin,
- QuickBooks Online,
- Xero
Category:
Pricing of True COGS: Cost of Goods Sold
Free
Free
- 25 variants with a cost on record
- Every price you paid, kept in order
- Inventory value today, from those costs
- See what changed a cost, and put it back
- An email when your stock lands
- First costs on products that had none
- Email support
Starter
$29 / month
or $290/year and save 17%
- 500 variants with a cost on record
- Everything in Free, plus:
- Set what you paid before the stock lands
- Landed cost: freight, duty, any currency
- An average per location, not per product
- Which supplier raised what, and when
- The stock-loss file, for your accountant
- Priority support
Growth
$49 / month
or $490/year and save 17%
- 2,500 variants with a cost on record
- Every feature in Starter
- Room to grow without changing anything
- Priority support
Scale
$79 / month
or $790/year and save 17%
- Unlimited variants — fair use
- Every feature in Starter
- Past 25,000 variants we plan with you
- Your requests shape what we build
- Priority support
