True costs and real profit for product sellers
Everything you’ve paid out, split by type.
Revenue compared with everything paid out, including stock you haven’t sold yet.
Costs not tied to one group show as “Whole business”.
Current balance of each account, from paid items only.
Every sale, purchase, expense and transfer in date order, with a running balance. Unpaid items are listed but don’t move your balance until they’re paid.
Log each sale or invoice. Link it to the purchase the goods came from and profit is worked out from the true landed cost.
Each time you buy stock or materials, log the full cost of getting it to your door: product, shipping, duties, broker fees. That gives you a true cost per unit.
Running costs: rent, software, marketing, insurance, professional fees and so on. Add each payment when it happens, including every renewal.
Changes save as you go.
Choose how TrueCost Ledger looks on this device. Your records aren’t affected.
Colours
Font
Brands, product lines, departments or services. Untick groups that aren’t active; they stay available for past records.
Where money is kept: bank accounts, cash, a card or PayPal balance. The opening balance is what was in the account when you started using TrueCost Ledger.
Renaming a category updates every expense that uses it.
Spreadsheet files for your records or your accountant.
Your records live on this device. Save a backup now and then, and before switching phones or computers; restore it on the new device.
TrueCost Ledger, version · Made by AppNookStudio
Your privacy. Your records are stored only on this device. TrueCost Ledger has no accounts, no ads and no tracking, and never sends your business data anywhere.
Licence. One purchase covers one business, on all of that business’s own phones and computers. Please don’t share your unlock code publicly.
Good to know. Figures are estimates to help you run your business. They don’t replace an accountant or official tax filings. Keep regular backups: if the browser’s data is cleared, records without a backup can’t be recovered.
Erase every record and setting on this device. Save a backup first if you might need them.