If you handcraft what you sell, Shopify's "Cost per item" field only tells you part of the story. Craftybase calculates your true COGS from actual material costs, batch manufacturing records, and labor — then optionally syncs adjusted stock back to Shopify so your listings stay accurate.
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Trusted by makers worldwide
Take control of complex production processes. From COGS, raw materials to finished goods, and everything in between, Craftybase handles multi-stage production processes (components, sub-assemblies, and batch recipes). Smooth batch manufacturing from start to finish, with the option to sync resulting stock changes back to Shopify.
Related: Shopify Stock Sync & Push — keep product availability accurate as costs and inventory change.
Gain real-time visibility into material and stock levels, so you’ll know exactly when to order more supplies or make more products. Access sortable, searchable lists of all your material inventory (with photos) available online, wherever you are. Keep your inventory under control so your business is free to grow.
Keep your manufacturing business fully compliant. Our robust purchase-to-sale GMP solution offers batch and lot tracking, supply chain traceability, and expiry date features, so you're covered even during a product recall. Access accurate information with complete confidence.
See exactly where your money goes. Dive into manufacturing analytics, costs, margins, and profitability. Identify improvement opportunities with comprehensive COGS (Cost of Goods Sold) and BOM (Bill of Materials) tracking. Put your numbers to work for your business.
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Import orders automatically and sync stock levels across all your channels — so you never oversell or run out of stock.
Scalable Solutions
As your business expands, the Craftybase platform grows with you. It's an integrated MRP system built specifically for small businesses like yours. Flexible plans to fit your industry, workflows, and preferences, plus automatic stock sync and push options to keep every channel up to date.
No long term contracts, no over-engineered over-priced features you'll never use. Just what you need to run your small-batch business properly.
Learn more: COGS tracking software, Shopify + Craftybase. See also: how to track COGS on Shopify.
I'm impressed with the ability to track minute quantities of essential oils and other materials used in multiple products. I love the conversion from purchase to tracking units, and love the ability to make components and recipes.
Craftybase makes it easy to create my formulas and automatically calculates what I need to use, when to re-order, how much it costs me to make my products, and so much more. I literally could not function without it!
This report makes tax time almost enjoyable. No more lists and spreadsheets — I just run the report for the time I need, and it's done!
Craftybase has given me the tools amp; resources to accurately track my materials, recipes, and inventory. I love that I can build out my recipes and make adjustments to see my cost in real time.
We do not know what we would do without this application. Spreadsheets and confusing documents is a thing of the past now!
I love that the app keeps track of how much material I have on hand and how much it costs me exactly… This allows me to really know how much my products cost me to make and how much I should charge.
My favourite feature is the software's ability to calculate the cost of our products in real-time, taking into account the increase in the costs of raw materials.
Craftybase is an instrumental part of our bookkeeping. Having a business that manufactures products with countless raw materials, Craftybase keeps us organized and helps us have a clear picture of the health of our business.
I love that Craftybase keeps track of the cost of materials over time including shipping. As costs creep up I can make sure my product prices reflect that reality.
Craftybase allows us to be lean with our materials inventory so we won't have any overage of inventory. It provides a great easy-to-use analysis of COGS to help us better manage our margins.
Craftybase helps me keep my sales automatically entered into my system so that I can get on with doing the fun part: the creative products I make!
It's super important that we can record and trace ingredient lots and production batches. Craftybase has made this process streamlined and easy to stay organized.
Ready to know your true costs? Join thousands of small-batch businesses already using Craftybase to track COGS properly. Get started today.
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Shopify COGS FAQ
Shopify’s built-in COGS uses the "Cost per item" field on each product — a single static number that doesn’t account for material price changes, batch manufacturing, or multi-ingredient recipes. For makers who handcraft their products, the more accurate approach is a dedicated COGS app like Craftybase. Craftybase calculates COGS from your actual material purchases, rolling average unit costs, and manufacturing records, then applies those costs to every Shopify order automatically. At year end, you pull one report instead of doing a manual inventory count.
Craftybase is built specifically for Shopify sellers who manufacture what they sell — soap makers, candle makers, jewelers, bakers, and other small-batch producers. It tracks raw material purchases, builds bills of materials (recipes) for each product, and calculates accurate COGS per unit as costs change. Every Shopify order is automatically assigned a true cost of goods based on your real material and labor inputs. If you also want to keep your Shopify listings up to date, enable Shopify Stock Sync to push adjusted stock levels back to Shopify automatically.
Shopify’s native COGS report is under Analytics → Reports → Finances → Cost of goods. It shows the cost Shopify recorded for each item sold based on the Cost per item field — but only if you’ve kept that field updated. For makers, this figure is often incomplete: it doesn’t reflect material price fluctuations, multi-component recipes, or labor. A more reliable COGS figure comes from Craftybase, which generates a Schedule C-ready COGS report built from your actual manufacturing records and purchase history.
Yes. Craftybase imports orders from Shopify, Etsy, Amazon, WooCommerce, Square, Faire, Wix, and more — all into one account. COGS is calculated across every channel from the same material and recipe data, so your numbers are consistent whether a sale came from Shopify or Etsy. Stock Push can update inventory quantities on each connected channel as you manufacture and sell.
Related: Shopify Stock Sync & Push — keep product availability accurate as your costs and inventory update. See also: how to track COGS on Shopify, Shopify inventory management for makers.
Get end-to-end visibility into your manufacturing costs and keep your inventory accurate.
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