Your Shopify dashboard says $8,000 profit — but your bank account only grew $5,200. Where did the $2,800 go?
That $2,800 gap is usually landed COGS, return processing, hidden app subscriptions, and payment fees — none of which Shopify tracks by default. This Excel template automatically calculates your true profit per SKU, monthly P&L, and real ROAS after all costs. No formulas to build — just paste your data and see the truth.
Stop guessing. Know exactly which products make money — and which ones lose money on every ad click.
| Metric | Value | Source |
|---|---|---|
| Setup time | 15 minutes | Pre-built formulas |
| Monthly time saved | 4-8 hours | vs. manual spreadsheets |
| SKUs supported | Unlimited | Scales with your catalog |
| Profit accuracy | Per-SKU level | COGS + shipping + ads + fees |
| Format | Excel (.xlsx) | Works on Windows + Mac |
| Hidden cost of free templates | $200-400 | 4-8 hrs × $50/hr to fix formulas |
Paste raw data → formulas calculate automatically → see where your money goes
Export your Shopify orders and paste into the input sheet. Add COGS, shipping, and ad spend.
Pre-built formulas calculate profit, margin, ROAS, and P&L — no spreadsheet skills needed.
See which SKUs make money, which ads are profitable, and where to cut losses.
Shopify's dashboard shows revenue, not profit. This template subtracts everything: COGS, shipping, ad spend, transaction fees, app subscriptions.
Store-level profit tells you the total. But which product is carrying the business — and which one is losing money on every ad click?
A proper profit & loss statement that updates automatically. Compare months side by side and spot trends before they become crises.
Platform ROAS doesn't subtract product cost. A 3x ROAS on low-margin electronics may actually lose money. See your real contribution margin.
Every seller has that gut feeling that something is off with their numbers. This template turns that feeling into actionable data.
This is a profit-tracking and decision-making tool, not a substitute for proper accounting software or a CPA. Consult a professional for tax and compliance.
You export from Shopify and paste in. There is no API auto-sync. For real-time sync, consider a dedicated analytics app.
Below $5k/month, the detail may be overkill. Above $500k/month, you likely need enterprise-grade BI tools.
You need Microsoft Excel (Windows or Mac). Apple Numbers may have limited formula compatibility — Excel is recommended.
For solo sellers and small brands
For agencies and growing teams
On Gumroad, select the $79 Team tier
7-day genuine-dissatisfaction refund · Same product on Gumroad, choose your preferred platform
Download the simplified version with sample data. See how it works before you commit.
Download Free Sample →Shopify shows revenue and some cost data, but it doesn't calculate true profit per SKU after all costs (COGS, shipping, ads, fees, apps). This template gives you the complete picture that Shopify's dashboard can't.
No. All formulas are pre-built. You only paste data into the input sheet. The analysis and charts update automatically. A quick-start guide walks you through the first setup in 15 minutes.
Yes. The .xlsx file works with Excel for Mac. Apple Numbers may have limited formula compatibility — Excel is recommended.
Unlimited in theory. The template is designed to handle hundreds of SKUs comfortably. For very large catalogs (10,000+ SKUs), you may want to filter by category.
One-time purchase. Single license = 1 user / 1 business. Team license = up to 5 users within one organization. You cannot resell or redistribute the template.
7-day genuine-dissatisfaction refund. If the template doesn't work as described, contact us for a full refund.
Yes. The template is business-model agnostic. You input your actual COGS and costs, and it calculates profit accordingly. Works for dropshipping, print-on-demand, private label, and handmade.
Yes. $39 (Single) or $79 (Team) is a one-time payment. No subscription, no recurring fees. Free minor updates are provided for buyers.
Know your benchmarks, then track your actual performance. Build your full Shopify profit system.