SimplyCost – Profit Tracking
SimplyCost – Profit Tracking is an app designed to help store owners track their profits and expenses effectively. This tool automates the often overlooked aspect of expense tracking in online businesses, which usually focus more on sales revenues. It enables easy connection to major advertising platforms for automatic ad spend tracking and allows for the addition of both one-off and recurring custom expenses. The app also facilitates the setup of processing fees for various payment gateways and Shopify transaction fees. Additionally, SimplyCost offers straightforward access to sales and product profit reports, simplifying financial analysis for business owners.
- 14 day free trial
- Automates expense tracking, saving time for business owners
- Connects with major ad platforms for automatic ad spend tracking
- Allows adding of custom one-off or recurring expenses
- Facilitates the setup of processing fees for each payment gateway
- Enables configuration of Shopify transaction fees for stores not using Shopify Payments
- Provides easy access to sales and product profit reports, aiding in financial analysis
- Enhances the accuracy of profit calculation by including all relevant business expenses
- Offers a clear and user-friendly interface for tracking financial performance
- Supports better financial decision-making with detailed and accessible profit reports
- Reduces the need for manual data entry and spreadsheet management
- Improves budgeting and financial planning by providing comprehensive expense insights
- Assists in identifying cost-saving opportunities by highlighting key expense areas
- No free plan
- Complaints of not being user friendly in the past, mostly older reviews
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