Frinje review for SimplyCost ‑ Profit Tracking
March 8, 2019
Great app and awesome support! We needed Inventory cost on hand and it's perfect for that. One thing that's missing is Cost of inventory by product type. It is doable through Export and filtering in Excel, but it takes too much time. As per the app developer this feature will be available in a couple of months, so fingers crossed! The Reports are great and very helpful, it gives you a pretty good picture of your profits, COGS, margins, etc. One thing to be aware of - the "Online orders profit report" or what it's called doesn't use correct cost of items for orders prior to installing this app (our product costs were already entered in Shopify prior to installing this app so I could tell the numbers were wrong). Seems like this issue goes away for new orders after the install though. To ensure that we will always have correct profit reporting for any period of time, I went back to our past orders and manually corrected the cost of items. I'm still giving 5 stars because this app is very handy for your basic needs and you can't beat the price and the support!
Thank you for your review! Yes you are right, when you first install the app, it does not automatically apply your product current costs to items in your past orders. This is by design because product costs changes overtime, the app does not assume items costs in your past orders are the same as your products current costs. However the app provide a few options for you to easily update the items costs in your past orders which you have done :).
