153 posts tagged with "New" — Page 7

Closing a month has always been the part of the books that lives outside the software. You check the ledger reconciles, chase the entries that never synced, glance at inventory against the GL, export a few reports for the file — and then hope nobody posts into the month afterwards. None of that was written down anywhere, and nothing stopped a late invoice landing in a month you had already reported on. Month-end close turns that routine into a workspace: a checklist that grades the month's data for you, a sign-off that records what you accepted and why, and a lock that freezes the figures you approved as the month's numbers of record.

A supplier sends you a credit note for goods you are keeping — they overcharged you, or they gave you a volume allowance after the fact. The credit should lower what you owe them and lower what those goods cost you. Until now a vendor credit could only do the first part: the stock stayed on your books at a price you never paid, and the only way to fix its cost was to edit the original purchase order or bill — which erased the credit note from your records. Vendor credit cost impact closes that gap. Every line on a credit now states what it does to the goods, a Reason for credit picks the right behaviour for you, and a Cost Impact panel shows the real numbers — which receipts change, how many units are still on hand versus already sold, and what moves on the books — before you click Authorize.

If you pay sales reps on commission, you have probably been doing the math somewhere else. Rates live in a spreadsheet, someone exports orders at the end of the month, and the two get reconciled by hand — every month, for every rep. It works right up until a rate changes mid-month, or someone asks which territory is actually carrying the number.

Sales rep commissions brings all of it into SKU.io. Give each rep a commission rate, group reps into territories or teams, and run the numbers over any date range you like. The orders are already here, so the calculation is just there — nothing to export, nothing to reconcile.

If you sell on Amazon both ways — Fulfilled by Amazon and merchant-fulfilled, where you ship the order yourself — you already know the two rarely want the same price. You carry the shipping on an MFN order, the Buy Box behaves differently, and until now the only way to price those listings apart was to pin them one at a time. The Amazon MFN pricing lane fixes that at the channel level: your merchant-fulfilled listings follow their own sequence of price levels, checked before the channel's FBA levels and falling through to them whenever a product has no MFN price. The channel's Pricing page now says which lane priced every listing, and a new Set Pricing action on the listings table lets you pin — or reset — a whole selection of listings in one go, with a preview of every price that would change.

Payment terms used to be a purchasing-only idea in SKU.io — something you agreed with a supplier, not something you could set for the people who buy from you. So the sales side had no answer to two questions every business asks: when is this customer supposed to pay? and how much are we willing to let them owe before we stop shipping? Payment terms and credit limits answer both. Terms now work in both directions from one shared list, every customer can carry default terms and a credit limit, and you get a live picture of what each one owes against the room they have left. Turn on credit enforcement and an order that would take a customer past their limit is held in Reserved instead of quietly shipping.

If you sell wholesale through Shopify, you have probably been maintaining two sets of prices. The real ones live in SKU.io — the tier a customer sits on, the contract you agreed with them, the break they hit at 25 units — and then someone re-enters an approximation of all that into Shopify by hand, and it drifts from the day it's typed.

B2B pricing for Shopify removes the second set. SKU.io works out what each wholesale buyer should pay, using the same pricing rules that already produce your quotes and invoices, and publishes those prices to that buyer's company location in Shopify. Your buyers log into your storefront exactly as they do now, and see their own negotiated pricing.

Nothing reaches your storefront until you have looked at a preview and approved it.

An email lands from a marketplace: your listing is suspended pending documentation for batch OO-2607-B. Or an auditor picks a batch at random and asks what you tested it for. If your Certificates of Analysis live in an inbox and a shared drive, the next hour is spent searching — and the honest answer to "did anyone check this batch met spec?" is often "probably".

Lot compliance puts that evidence where it belongs: on the batch. File a Certificate of Analysis against the lot it covers, record your own identity check, and enter the lab's numbers so SKU.io judges them against a standard you set. A result outside your limit doesn't just get flagged — it takes the stock off sale.

There has been a Master of Price setting on your sales channels for a long time, and on all but one of them it did less than it looked like it did. Setting it to SKU.io stopped the channel's price from overwriting yours on the way in — but it never sent anything out. You'd change a price in SKU.io, watch the channel keep charging the old one, and have no way to tell the difference between "it hasn't run yet" and "it was never going to run".

Price sync closes that loop. On Amazon, BigCommerce, eBay, Faire, Magento 1, Magento 2, Shopify, Square, Temu, TikTok Shop, Walmart and WooCommerce, SKU.io now publishes your price to the channel on a schedule you choose — behind guardrails that stop a bad number reaching a marketplace, and with a run history that tells you what happened to every listing.

Plenty of products aren't made in one place. You send ingredients to a co-packer who cooks and blends them, truck the result to a second vendor for filling and pasteurizing, and land the finished cases at a 3PL — three vendors, two hand-offs, one product, and you own the goods the entire way. Until now, modelling that meant inventing the whole structure by hand: a work-in-progress SKU per hand-off, a recipe per stage, lot-tracking flags on every node, contractors, and a production order for each leg — roughly 25 minutes of setup, with several places to get the cost model quietly wrong.

Multi-stage co-manufacturing turns that into one guided flow. Tell SKU.io who does what and what they charge, and it builds the intermediate products, the per-stage recipes, and the vendor terms in a single transaction — then keeps them honest every time you run it.

Your accountant plans cash flow from your accounting file — and until the supplier's invoice arrives, an open purchase order is invisible there. You have committed the money, the goods are on their way, and the books show nothing. For businesses ordering weeks ahead of delivery, that gap can hide a large slice of upcoming spend.

Committed-spend billing closes it. Turn it on and every purchase order you submit posts a bill for its unbilled amount right away, so committed inventory spend appears in your books the moment you commit to it. Each committed bill then looks after itself: it shrinks as real supplier invoices are recorded against the order, and disappears entirely once the order is fully billed.