Finaloop is a comprehensive eCommerce accounting and bookkeeping solution that integrates real-time financial tracking with expert services. Tailored for DTC, multichannel, and wholesale brands, Finaloop replaces traditional bookkeeping tools like QuickBooks and spreadsheets, offering automation, accuracy, and ease of use. From managing inventory costs to generating tax-ready books, Finaloop streamlines your financial operations so you can focus on growing your business.
Finaloop eliminates the frustration and inefficiency of outdated accounting systems by automating real-time bookkeeping and inventory management. It provides a single platform to track finances, reconcile accounts, and monitor key metrics, empowering brands to make informed decisions faster. With Finaloop, you can bypass the delays and errors associated with manual bookkeeping, leaving you with accurate data and peace of mind.
Finaloop syncs with all your financial toolsâShopify, Amazon, banks, and payment processorsâto provide instant access to up-to-date books. Transactions are categorized automatically, and accruals are built in, ensuring that your P&L, cash flow, and balance sheets are always accurate and accessible.
Finaloopâs InventoryIQ feature calculates real-time COGS using FIFO (First-In-First-Out) tracking. It captures channel-specific data and incorporates landed costs, discounts, and indirect expenses, giving you precise profit margins by SKU, warehouse, or channel.
Finaloop ensures tax compliance with tax-ready books and optional tax filing services. Whether you choose to use their internal team or your own CPA, Finaloop streamlines the entire process, including federal and state returns, tax deduction optimization, and 1099 preparation.
Finaloopâs dashboard consolidates your financial performance metrics into an intuitive view. With actionable insights like SKU profitability, shipping cost benchmarks, and real-time ROI, brands can identify inefficiencies and optimize operations without delay.
Track POs, stock levels, and vendor balances all in one place. Finaloopâs dashboard provides transparency into the status of shipments and payments, allowing you to manage inventory and vendor relationships more efficiently.
Finaloop combines technology with a dedicated bookkeeping team available 7 days a week. Their CPAs and financial experts handle complex queries, ensuring your financial data is not only accurate but also actionable.
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