COST OF GOODS SOLD (COGS) SOFTWARE

Imagine knowing your true costs of production
in real-time.

Manufacturing software designed for in-house, DTC manufacturers. Up to the second, highly accurate COGM and COGS calculations will enable you to make the decisions you need for your business growth.

Gain true real-time visibility into your inventory, and unlock the full potential of your business today.

Start a 14 day free trial »

*no credit card required

Cost of Goods Sold for MRP
Capterra
GetApp
Wix
Shopify

Scale your manufacturing business

Seamless inventory and manufacturing management, all in one simple package.

No long term contracts, no over-engineered over-priced features you'll never use. Just everything you need to unlock the full potential of your small-batch business.

Create complex multi-level BoMs

Map your entire production flow, create sub-assemblies, kitting and more. See exactly what raw materials you need to create each product.

Track material and products

Take the guesswork out of your stock management - your stock levels all automatically recalculate whenever you purchase materials, make a sale or create more product.

Create Inventory & COGS reports

Highly accurate and reliable weighted averaging calculations make tax time a breeze.

Understand your costs and maximize your profit margins

Automated COGS and COGM makes tax time a breeze 😮‍💨

Craftybase is a perpetual inventory system designed to provide you with accurate inventory and COGS calculations. Our system uses weighted rolling averages to calculate material usage and increases in inventory with precision: all you need to do is log your purchases and manufactures and Craftybase will tally everything for you. Our calculations are GAAP compliant, using IRS approved methods and are suitable for US based small manufacturers.

Inventory & COGS Reporting

Inventory Valuation and COGS report makes tax time a breeze.

Precise Unit Costs

Track your material usage costs to 5 decimal places for accurate and reliable COGS calculations.

Effortless order and production workflow management

Track every part of your production process, from lots purchased to orders sent to customers. From raw materials to finished goods, and everything in between, Craftybase seamlessly manages multi-stage production processes - including components, sub-assemblies, and batch recipes. Smooth batch manufacturing from start to finish.

Stay ahead with seamless inventory control

Never miss a beat, with our sophisticated inventory management features. 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.

Material inventory tracking

Traceability at your fingertips

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, empowering you - even during a product recall. Access accurate information with complete confidence.

Data-driven insights for continuous improvement

Make informed decisions with our powerful analytics and reporting capabilities. Dive deep into manufacturing analytics, costs, margins and profitability. Identify business improvement opportunities with comprehensive COGS (Cost of Goods Sold) and BOM (Bill of Materials) tracking. Harness the power of data to optimize your operations.

Reports and analytics for small manufacturing business
Experience streamlined operations, improved cost analysis, and valuable insights for strategic decision-making.
Get started today and fuel your business growth.
Start a 14 day free trial »

*no credit card required

Scalable Solutions

Grow without limits

As your business expands, the Craftybase platform grows with you. Experience the power of an integrated MRP system specifically designed for small businesses like yours. Flexible plans to fit your industry, workflows, and preferences.

No long term contracts, no over-engineered over-priced features you'll never use. Just everything you need to unlock the full potential of your small-batch business.

“Tracking expenses, materials, recipes, and orders all in one place is the reason my business was able to grow from a 'hobby' to a full-fledged enterprise.”

Harmacy Hot Sauce Co
Homero Gonzalez
Harmacy Hot Sauce Co.

“Being able to manage our inventory and accurately assess our cost of goods has allowed us to scale our business with confidence.”

Creation Skin
Jennifer Biagioni
Creation Skin LLC Skincare

“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.”

Cirque Colors
Duke Ahrens
Cirque Colors Nail Polish

“Tried several systems and Craftybase is the only one, that covers all our needs, including the analysis of the sales and planning for the future.”

BoardGameSet
Balazs Lengyel
BoardGameSet

Unlock the full potential of your small business with our COGS software. Join the ranks of successful manufacturing businesses and revolutionize the way you operate. Get started today.

Start a 14 day free trial »

*no credit card required

A Quick Primer on Cost of Goods Sold

What is Cost of Goods Sold software?

Cost of Goods Sold (COGS) software is a tool used to track the cost of raw materials and supplies, labor, and overhead associated with producing products. This type of software helps small manufacturing businesses accurately calculate their cost per unit and understand how much money they are spending on production expenses.

Having an accurate COGS calculation is especially important for small businesses because it allows for better informed decisions about pricing strategies, product development plans, and operations optimization. With up-to-date COGS data in hand, you can quickly adjust your production processes or pricing models to maximize profits without sacrificing quality. Additionally, having visibility into costs enables small manufacturers to more effectively manage their supply chain activities and identify areas where improvements may be needed.

Craftybase's Cost of Goods Sold software makes it easy for small manufacturing businesses to keep track of their production costs. Our comprehensive features allow you to easily capture and calculate the cost of materials, labor, shipping, taxes, overhead and more. With our software, you can accurately forecast your COGS in real-time and quickly make adjustments to optimize operations and maximize profits. Try Craftybase for free today to see how easy it is to gain control over your production costs and start making your profits soar.

What does COGS stand for?

COGS is short for "Cost of Goods Sold" which, in essence, is the claimable direct expense (cost) of creating all products (goods) you have sold within the financial year.

How do I calculate cost of goods sold?

To calculate your COGS figures for an IRS filing, need to know 6 different calculations and then enter them on separate lines to get your final tally:

  1. Start of Year Material Inventory Value
  2. Purchases (Less Personal Use)
  3. Cost of External Labor
  4. Materials & Supplies (these are not your materials in most small business cases as they are factored into 1 and 6)
  5. Other Costs (Overheads)
  6. End of Year Material Inventory Value

Streamline your end-to-end manufacturing process and gain real-time visibility into your inventory.

Start a 14 day free trial »

*no credit card required