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 entries are grouped by sales channel — one summary entry per channel, and what the SKU.io channel means.

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.
• Map your accounts to QuickBooks Online — control which QuickBooks account each entry posts to.
• Use different accounts for each sales channel — channel-specific Sales and COGS accounts.
• Fix entries posting to the wrong account — trace and correct a mis-mapped posting.
• Set your invoice numbering — the number formats on your documents.

Month-end close

Closing a month checks your books, freezes the figures you signed off, and locks the period so nothing changes behind you.

• Month-end close — the whole workspace: what it checks, what stops a close, and what closing actually does to your books.
• Close a month — the end-to-end task, from opening the checklist to a locked, signed-off month.
• Fix a failing check — what to do when the close refuses.
• Reconciling with your accounting provider — what the close compares against QuickBooks or Xero, and what it cannot do for you.

Reference

• Chart of accounts reference — every account and what posts to it.
• Close checks reference — every automated check, what it measures, and whether it stops a close.

Coming soon

• Reconciling the ledger against a bank feed
• Connecting QuickBooks or Xero for the first time