True COGS: Cost of Goods Sold

Accurate margins: cost per item updated at receipt

by Nexus Logic Systems · Launched: June 2026 · Free plan available.

5.0 (1) on Shopify

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True COGS records what you paid on every receipt, recalculates weighted-average or FIFO cost, writes it back to Shopify, and keeps every cost permanently.

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About True COGS: Cost of Goods Sold

True COGS records what you paid on every receipt, recalculates weighted-average or FIFO cost, and updates each product's cost per item. Upload the supplier's invoice PDF and it reads the lines it can prove — never guessing at the rest — or connect QuickBooks or Xero and costs come from bills you already entered. Freight and duty fold into landed cost. Read what any product cost on any date, and export a year-end valuation for your accountant. Never reads orders or customers.

Last verified: August 14, 2026 · Fresh

App details

Developer: Nexus Logic Systems
Category: Orders & shipping
Pricing: Free plan available
Launched: June 2026
Rating: 5.0 (1) on Shopify

Key features

Weighted average cost on every receipt
Import past purchase orders, with dates
Permanent cost history, every price paid
Catches prices below cost, before orders
Catches outside changes to your costs

Integrations with:

QuickBooks Online Shopify Admin Stocky Xero

3 plans · starts free · 14-day free trial

Free

Standard

$29/month

Pro

$79/month

Plans and prices as listed on the Shopify App Store.

Ratings & reviews

based on 2 Shopify App Store reviews

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TrueCogs has been a great addition to our store. The dashboard is easy to understand and gives clear insights into profitability and marketing performance. It helped us make better decisions with our ad spend and focus on what’s actually driving growth.

— Eunice's Touch

Finally see what a reorder really costs Most of what I sell comes from overseas, and between supplier price changes and the duty increases this year my Shopify cost-per-item was never right, I'd only notice at month end when margins looked off. I set up True COGS mainly for the cost tracking, but the tariff page turned out to be the part I use most. I tagged my products with their HS code and cou...

— AEKONIK PH

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