Most inventory apps show you revenue. Some show you cost of goods. Almost none show you actual profit.
Here's the problem: profit isn't revenue minus what you paid for the item. Real profit accounts for inbound shipping, outbound shipping, taxes paid, taxes collected, platform fees, and returns. If you're selling on Amazon and your app says you made $12 on a unit, but you spent $4 shipping it in, $6 shipping it out, and Amazon took a cut — you didn't make $12. You might have made $1.50.
Lambda Inventory tracks every cost attached to every unit — from the moment it arrives to the moment it ships. When you open the dashboard, the profit number is real. Revenue minus COGS, minus all shipping, minus tax. That's your margin.
We built the P&L dashboard because spreadsheets break at scale. When you're managing 50 SKUs, you can't track per-unit costs in a Google Sheet and expect accurate numbers. You need a system that captures costs at the point of entry and calculates margin automatically.
Your accounting journal export reflects this too. Every transaction is recorded with the full cost breakdown — ready for your accountant or bookkeeper. No reconciliation gymnastics.
If you're running a business on gut-feel profit numbers, you're flying blind. Start with accurate data.
Lambda Inventory is free to start. Download it on the App Store.