Accounting

SKU.io keeps a full double-entry ledger that builds itself from what you already do — fulfilling orders, receiving stock, recording bills, adjusting inventory. You don't post journal entries by hand; you read the books SKU.io keeps for you, and hand a clean set of numbers to your accountant or your accounting software.

Concepts

• How automatic accounting works — double-entry, automatic generation, and the chart of accounts.

How-to guides

• Review the ledger — browse entries and read the debits and credits behind each one.
• Read your financial statements — the Income Statement and Balance Sheet.

Reference

• Chart of accounts reference — every account and what posts to it.

Coming soon

• Reconciling the ledger against a provider or a bank feed
• Closing an accounting period
• Connecting Xero or QuickBooks