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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 every cost you paid with complete history. Get accurate inventory value and margins with weighted average or FIFO costing methods.
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About the True COGS: Cost of Goods Sold
This app tracks every cost you paid for inventory without overwriting previous prices, so your historical margins stay accurate. Each receipt adds a permanent line to your cost book, and the average cost on any product traces back to the actual receipts behind it.
Get exact unit costs for any past date going back to your first receipt. The app recalculates cost per item with every new receipt and folds in freight and duty automatically. Calculate inventory value using recorded cost, weighted average, or FIFO methods.
Cost Guard alerts you when cost per item changes without a receipt, showing before and after values. See stock turn rates and identify which products tie up the most money. Close each month to a certificate that anyone can verify independently without needing app access.
Launched: June 15, 2026
Key features
- Cost per item recalculated on every receipt, freight and duty folded in
- Every cost you paid is kept — unit cost on any date back to first receipt
- Inventory value today from recorded cost, weighted average or FIFO
- Cost Guard: was and now if cost per item changes with no receipt
- Month-end close with a certificate anyone can verify without the app
Integrations with:
- Shopify Admin,
- 2048 Variants,
- QuickBooks Online,
- stocky,
- Xero
Category:
Pricing of True COGS: Cost of Goods Sold
Free
Free
- 25 variants with a cost on record
- Weighted-average cost on every receipt
- Permanent history of every price paid
- Inventory value today, from those costs
- See what changed a cost, and put it back
- First costs on products that had none
Starter
$29 / month
or $290/year and save 17%
- 500 variants with a cost on record
- Everything in Free, plus:
- Test any discount before you set it
- Landed cost: freight, duty, any currency
- The day your margin changes, and the fix
- Set what you paid before the stock lands
- Month-end close with a checkable file
- What you paid last, and a quote check
Growth
$49 / month
or $490/year and save 17%
- 2,500 variants with a cost on record
- Every feature in Starter
- Inventory turns, and what sits longest
- 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
