Know what it really costs to make—before you set a price
Most pricing advice tells you to check what competitors charge and match it. That's backwards. Stocksmith builds your true cost per unit from what you actually paid for materials—so you price from real numbers, not a guess you set months ago.
Trusted by thousands of product businesses
•★★★★★ 4.6/5 on Capterra
✓ Real cost per unit, built from what you actually paid for materials
✓ Multi-level BOMs that roll sub-assemblies into one true cost
✓ Margins recalculate automatically when supplier prices change
✓ COGS reports ready for tax time—no spreadsheet to rebuild
Stocksmith prices each material from your real purchase records—not a round number you typed in once. So your cost per unit reflects the last invoice, the shipping you paid, and the yield you actually got. That's the difference between a margin you can trust and one you're hoping is right.
Costs drawn from actual purchase prices, including freight
True cost per unit and real margin on every product
Spot the "best seller" that's quietly losing you money
Price with confidence, from numbers instead of guesswork
Cost & marginper unit
Materials$3.10
Labour$0.80
Overhead$0.28
True cost per unit$4.18
Sell price$18.00
Gross margin76.8%
Material price up? Your margin recalculates instantly
Multi-level BOMs that roll up to a real number
Make a component, then use it inside a finished product? Stocksmith handles multi-level bills of materials, rolling the cost of every sub-assembly up into the final unit cost. Change one material price and the entire chain recalculates—no formulas to chase across a spreadsheet.
Bill of MaterialsVitamin C Serum 30ml
Vitamin C Serum 30mlmakes 1$4.18
Serum basesub-assembly28 ml$2.10
Distilled water24 ml$0.01
L-ascorbic acid4 g$2.09
Dropper bottle, 30ml1$0.92
Printed label1$0.16
Costs roll up through every level automatically
When material prices move, your costs move with them
Supplier prices don't hold still, and neither should your costs. Every time you record a purchase, Stocksmith updates the cost of the materials it affects—so the next batch you make is costed at today's prices, not last quarter's. Your margins stay honest as the business grows.
Manufacture · 120 unitsLavender Body Butter
Shea butter, refined− 9.6 kg
Lavender essential oil− 480 ml
Amber glass jar, 200ml− 120
Lavender Body Butter 200ml+ 120
5 materials deducted · 120 units added to stock
COGS and inventory valuation, without the year-end scramble
Because Stocksmith already knows what every material and product costs, your cost of goods sold and inventory valuation come straight from the data you capture day to day. Pull the numbers you need for tax time or a P&L in minutes—not from a shoebox of receipts and a weekend of reconstruction.
Inventory valuationtoday
Raw materials$14,820
Work in progress$3,240
Finished goods$21,510
Total stock on hand$39,570
COGS, last 30 days$11,940
Reports ready for tax time — no reconstruction
See your real cost per unit in your first week
Start your free trial today—no credit card required, set up in minutes.
"50 spreadsheets and two employees all wrapped up into one easy to use platform."
NT
Nathan T.
Labor & Mirth • Specialty Food Producer
"The automatic deduction of materials during manufacturing is a HUGE time saver and a guarantee of accurate inventory."
SB
Sarah B.
Who Scent You • Home Fragrance Brand
Who is Stocksmith for?
If you run a small-batch product business or small manufacturer, Stocksmith costs the way you actually work. Whether you make cosmetics, candles, soap, food, supplements, or cleaning products, Stocksmith tracks every material price, rolls up your bills of materials, and gives you a true cost per unit—so you can scale production and hold your margins as you grow.
Manufacturing costing software calculates what it actually costs to make each product, from raw materials through to finished goods. Stocksmith builds your cost per unit from real purchase prices and your bill of materials, then keeps it current as prices change—so you always know your true margin on every product.
How does Stocksmith calculate my cost per unit?
Stocksmith reads each product's bill of materials and prices every ingredient from what you actually paid, including freight. It rolls up any sub-assemblies, adds them together, and divides by the quantity produced. The result is a real cost per unit based on your own purchase records, not a manual estimate.
Does it handle multi-level BOMs and sub-assemblies?
Yes. Stocksmith supports multi-level bills of materials, so a component you manufacture can be used inside another product. The cost of each sub-assembly rolls up into the finished unit automatically. Change one material price and the whole chain recalculates—no formulas to maintain across a spreadsheet.
How is this different from accounting software like QuickBooks?
Accounting software is built to track money, not to manufacture. It doesn't cost recipes, deduct materials when you produce, or roll up multi-level BOMs. Stocksmith handles the manufacturing side—real cost per unit, production, and inventory—and hands clean COGS figures back to your accounting so both stay accurate.
Do my costs update when material prices change?
Yes. Every time you record a purchase at a new price, Stocksmith updates the cost of the materials it affects. The next product you cost or batch you make reflects today's prices, not a number you set months ago—so your margins stay accurate as suppliers and shipping costs move.
