Every month we publish a new edition of release notes to introduce Finaloop's newest features and product updates. Here are this month's updates:
📦 Smarter product merging
Merging products used to be a pain, but if you want accurate COGS per SKU, it’s a must. Now, we do the heavy lifting for you.
If you're using sales-based COGS or InventoryIQ, we now offer merge recommendations based on SKU names, product titles, ASINs, and more. You can find it on the new Merge Recommendations page.
Pro tip: Set certain matches to auto-merge, so your product list stays clean as new items come in.
Learn more in these walkthroughs (Sales-based | InventoryIQ) or check out our help center article.
📝 Inventory/COGS categorization, now way easier
We heard you: Finding the right inventory category used to feel like searching for a contact lens in the dark. So we cleaned it up.
Now, instead of hunting for a super specific category right away, you’ll first choose a general Inventory/COGS category, then we’ll show you the potential subcategories to pick from.
🧠 Ask AI, your new transaction sidekick
Not sure how to categorize a transaction? Just ask. Literally.
With Ask AI, describe a transaction in your own words, and we’ll suggest up to 3 smart categories, each with a clear explanation of why it fits.
The magic? It’s tailored to your business based on your industry, history, and vendor info, so the suggestions are relevant and accurate.
Find it on any transaction in your Transaction page under the Ask AI button.
📁 Bills Spread is here!
Want more control over when your bills hit the books? You can now:
Defer or accelerate expenses
Spread costs over time (daily or monthly)
Or combine both
Finaloop automatically creates the right journal entries: accruals, prepaids, and A/P, so your books stay accurate, no manual work needed.
Check out these walkthroughs (Spread bill & Multi-categories bill spread) to see it in action.
💸 Wayflyer loans: now fully automated
Got Wayflyer loans? You’re going to love this.
Finaloop now:
Scans your loan docs
Auto recognizes financing fees and repayments (even across multiple loans)
Splits advances and add-ons accurately
Everything’s tracked and categorized, instantly and correctly.
🎬 TikTok Shop: Full visibility is (finally) here
Finaloop’s new TikTok Shop integration gives you complete visibility into every dollar:
Sales, refunds & shipping
TikTok & seller discounts
Affiliate commissions & subsidies
Selling fees & product samples
COGS & fulfillment (FBT)
Sales tax
All auto-synced. All accurate. All in your books. Finaloop customers are the first and only TikTok Shop sellers who will have this level of visibility.
💬 Share Your Feedback
We're always working to make Finaloop more intuitive and powerful for your business. Have suggestions or feedback? Let us know—we’d love to hear from you!