75 posts tagged with "Integrations"

Paying a supplier used to mean two systems. You approved the bill in SKU.io, opened your bank, retyped the payee, the amount and the invoice numbers, then came back to SKU.io to record the payment by hand. Wires you sent straight from the bank, like a deposit to start production, never reached the purchase order at all. Mercury bill pay connects your Mercury business account to SKU.io. Pay a purchase invoice, a freight or duty bill, or a vendor deposit with a few clicks. Every payment is approved before any money moves, and SKU.io records it on the bill the day it leaves the bank.

In the US, Amazon, Walmart, eBay, Etsy, Temu, TikTok Shop and Faire collect sales tax from your buyers and pay it to the states themselves. That tax was never yours. Your books didn't always know that: some channels imported it onto the order and credited it to your Sales Tax account, so the balance kept growing and someone had to write it off by hand each month. Settlement tax lines were just more codes to map, and they sometimes landed in revenue or fees. Marketplace facilitator tax fixes this. Tax a marketplace collects and pays for you now posts through its own Marketplace Facilitator Tax account, which nets to zero on every order and never reaches your Sales Tax.

Marketplaces don't pay out on the 1st of the month. An Amazon settlement deposited on August 11 can carry two weeks of July sales, so July's revenue, fees and refunds land in your August books, and every month-end close needs a manual adjustment. Month-end split fixes that for Amazon, Walmart, eBay and TikTok Shop. When a settlement or payout runs across a month end, SKU.io posts one set of documents per month: each month's lines are booked in that month, and together they still add up to the deposit.

Amazon lets every offer carry a minimum and a maximum price, and it quietly deactivates a listing whose price falls outside them. Those limits often get set in Seller Central, sometimes with the minimum and maximum equal to pin a price, and the next price SKU.io sent could land outside them. The listing stopped selling, and nothing in SKU.io said why. Amazon min/max allowed price fixes that: SKU.io now reads Amazon's limits back for every listing, checks each price against them before it goes out, and shows you every listing that's outside its limits, with a one-click fix that doesn't change your prices.

TikTok Shop pays you about once a week, and each payment covers a week of daily statements full of sales, refunds, referral and transaction fees, shipping labels, affiliate commissions and ads charges. Booking each order as its own invoice never matches what lands in your bank, and TikTok's reserve and negative balance make it worse: money TikTok holds back, or takes back from a later payout, ends up looking like a fee or a shortfall. TikTok Shop payouts fixes that. SKU.io reads every payment straight from TikTok and posts it as one sales invoice and one fee bill that add up to the deposit to the cent. It works like Shopify, eBay, Walmart and Temu payouts, so every channel now reconciles the same way.

In July we added fulfillment-based revenue recognition: sales wait in Deferred Revenue and count as revenue when they ship, in the same entry as their cost of goods. It had one big gap. If your Amazon, eBay, Shopify or Walmart sales are accounted for through their payouts, as most multichannel stores' are, switching on would have counted that revenue twice: once at shipment and again on the payout. Those stores had to stay on order-date revenue. Now they don't. And before anyone switches, SKU.io shows you exactly what would change, month by month, using your own recent orders.

Temu pays you every couple of weeks, and it holds part of each payout back as a rolling reserve that it releases on a later statement. Booking each order as its own invoice never matches what lands in your bank, and the reserve makes it worse: money you've earned but haven't received yet ends up looking like a fee or a shortfall. Temu payouts fixes that. You import each statement from two files you download from Temu Seller Center, and SKU.io posts it as one invoice that adds up to the deposit to the cent, with the reserve kept on your balance sheet as money Temu still owes you. It works like Shopify, eBay and Walmart payouts, so every channel now reconciles the same way.

Business buyers on Amazon see their own price: a separate Business price, plus up to five quantity discounts that lower the unit price for bigger orders. Those prices are set by hand in Seller Central, so they drift. Your consumer price changes, and the Business price doesn't, until a business buyer is paying more than everyone else, or a discount quietly takes the price below what you can afford. Amazon Business pricing lets SKU.io manage both for you. It works out the Business price and every quantity discount from your consumer price on each push, checks them against your floor, and shows you every Business offer that has gone stale.

Walmart pays you every two weeks: one deposit for all your sales, minus commission, refunds, return-shipping charges and fees. Booking each order as its own invoice never adds up to what actually lands in your bank, so reconciling Walmart becomes a monthly chore of spreadsheets and adjusting entries. Walmart settlements fixes that. SKU.io imports Walmart's reconciliation report for every deposit and posts it to your books as one sales invoice and one fee bill that add up to the deposit to the cent. It works like Shopify and eBay payouts, so every channel now reconciles the same way.

If your warehouse prints its labels in ShipRush, every order used to mean typing it into ShipRush by hand, then copying the tracking number back so your sales channel could tell the customer it shipped. Label costs stayed in ShipRush, and nothing stopped the warehouse from shipping an order you'd already cancelled. The ShipRush integration connects the two. SKU.io keeps an order feed that ShipRush picks up on its own schedule, your team rate-shops and prints in ShipRush as usual, and each label comes straight back to SKU.io as a shipment.