We have reviewed two highly practical and efficient apps for financial management and analysis: Profiteer - Cost of Goods Sold and QuoteMate Draft Profit Margins. Both apps offer unique features and benefits that cater to different aspects of financial strategy and decision-making. Profiteer - Cost of Goods Sold excels in helping merchants calculate and manage the cost of goods sold (COGS) with remarkable ease. It provides a comprehensive overview of income and expenditure, allowing users to control the cost price for any SKU from past, present, to the future. With its impressive functionality and easily readable records in CSV format, Profiteer streamlines financial reporting and provides valuable insights to make informed decisions. We highly recommend this app for merchants seeking accurate COGS calculations and better financial control.
On the other hand, QuoteMate Draft Profit Margins focuses on boosting profitability and providing precise data for critical decision-making. It allows store owners to manipulate virtual order contents and individual product costs, simulating impacts on margin health. This enables users to make informed decisions regarding minimum product prices and discounts. The app also saves snapshots of edits, allowing users to continue working on profit margins later without losing progress. With additional features like including or excluding taxes and shipping from profits, subtracting a percentage fee, and exporting profits to various formats, QuoteMate enhances financial management and analysis. If your focus is on margin health simulations and optimizing costs, we recommend using QuoteMate Draft Profit Margins.