Getting started
Set up Finaloop Core, InventoryIQ or Margins and learn your way around.
By Emily and 1 other2 authors15 articles
Finaloop Core
Sign up, connect your accounts and get through your first month.
- How does Finaloop work?Learn how your team of Finaloop experts use our real-time accounting technology to deliver accurate, updated ecommerce financials 24/7
- Signing up for Finaloop Core and connecting your accountsCreate your Finaloop Core account and connect your stores, payment gateways, ad platforms, loans, back-office apps and business banks, so our accounting team can start building your books.
- Your first month in Finaloop CoreWhat happens in your first weeks on Finaloop Core: the setup tasks in Getting started, when your P&L is ready, how to subscribe, and what we'll ask for after you…
- Finding your way around Finaloop CoreA map of the Finaloop Core sidebar: what each page is for, which tabs it has and when it appears, so you can find any report or task fast.
- Understanding my missions
- Does Finaloop use accrual or cash basis accounting?Choose cash or accrual books in Finaloop Core so they match the method on your tax return and your year-end close is tax-ready.
- Finaloop vs. QuickBooks or XeroSee how a full accounting service like Finaloop differs from generic accounting platforms like QuickBooks Online (QBO) and Xero, so you can choose the right accounting solution for your ecommerce…
- Getting started FAQs
- Your monthly Finaloop cheat sheetSee the main actions you'll likely need each month in Finaloop, so your financials stay accurate and up to date.
- How do I know if I have fixed or intangible assets?Check last year's business tax return for depreciation or amortization so you can give Finaloop the right opening balances for your fixed and intangible assets.
- How do I know if I have Intangible Assets?
InventoryIQ
Set up InventoryIQ and learn how it tracks every unit.
- InventoryIQ: Everything you need to knowLearn how InventoryIQ tracks your units, landed costs and cost of goods sold by SKU and warehouse, so your books reflect the stock you really have.
- Step-by-step guide to setting up InventoryIQSet up InventoryIQ from your start date through warehouses, opening balances, purchase orders and transfers, so your unit-level cost of goods sold is right from day one.
Margins
Set up Margins and get your numbers ready.
- Getting started with MarginsSet up Margins from sign-up to your first trustworthy numbers: create your account, connect your stores, payments, ads and banks, finish setup, and get your first answers.
- Finishing your Margins setup checklistClear the items on the Finish setup page, your Margins setup checklist, so your Data accuracy score rises and your profit and product margins are numbers you can act on.