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Learn how to set up your costs and pull in Facebook & Google Ad spend.
How to add Cost of Goods Sold (COGS)
Cost of Goods Sold (COGS) or Product Cost is essentially one big part of your total costs. Simply put, COGS of one product is how much it costs you, as opposed to how much you charge customers (Sales price). With TrueProfit, you can manage your COGS easily. Follow this video tutorial or read below for instructions. There are 3 ways to import COGS into TrueProfit: Estimating COGS, entering manually or uploading a .csv file. By default, TrueProfit also sy
How to manage Shipping costs
With shipping cost, you can set advanced rules or stick to the basic settings, depending on your business model. Visit Cost settings > Shipping. Follow this tutorial or read below. Calculation settings First, set your default rules to calculate shipping cost for every order. You'll see these options: Multiply with quantity for the same product: Applies when shipping fee is proportional to produ
How to manage Custom Spend
Can you add other costs like Shopify subscription, Instagram influencers, software or rents? Sure. Here's how easy it is. Go to Custom Spend > New cost. Enter the cost name & amount of money. Next, choose how often the cost recurs in Frequency. For example, your Shopify subscription is charged once every month, so choose Monthly. Select the start date and end date. If the cost still lasts until now, tick On-going. Click **Creat
How to sync Facebook Ad Spend
Follow along this video tutorial or read below for instructions. Go to Facebook > Integrate Facebook > Connect. You will be required to log in to Facebook. After that you'll be redirected to TrueProfit dashboard. You can then choose the ad account(s) relating to your store. Synchronize. It can take a while to pull in all the data from Facebook.
How to sync Google Ad Spend
To pull in data from your Google account, go to Cost settings > Google Ads > Connect. You will be required to log into Google account and grant TrueProfit permission to access your Google ad campaigns. Choose Allow. After that you'll be redirected to TrueProfit dashboard. You can then choose the ad account(s) relati
How to manage Transaction fees
You can either follow along this video tutorial or read below. An unavoidable part of ecommerce business is payment gateway Transaction fees. The rate between Paypal, Stripe and other gateways can be different. Shopify also charge an additional fee for using external gateways other than Shopify Payments. This is between 0.5% – 2% depending on your Shopify plan.