TikTok Shop → Xero
TikTok Shop payouts, clean Xero books.
Turn TikTok Shop statements into organized Xero entries. NeonPanel posts sales, fees, refunds, taxes and COGS automatically, giving you clarity and compliance.
Why NeonPanel
- Clean summary invoices — Each payout is broken down into sales, seller fees, advertising fees, shipping and refunds.
- Automatic posting & categorization — Sales, fees, taxes and COGS are posted to Xero without manual intervention.
- Cash‑flow insight — Dashboards provide accurate cash‑flow views to support decision‑making.
- Sales tax recording — Configure transaction rules so sales taxes are recorded correctly.
- Customizable postings — Split sales and fees by country or channel based on your chart of accounts.
- Automatic COGS calculation — Cost of goods sold updates with each order, ensuring profitability calculations stay accurate.
- Easy reconciliation — Summary entries automatically match your bank deposits.
How it works
1. Create a NeonPanel account and connect your TikTok Shop and Xero organisation.
2. Map your chart of accounts and choose how to allocate sales and fees.
3. Import recent payouts to catch up if necessary.
4. NeonPanel generates summary invoices, calculates COGS and posts them to Xero.
2. Map your chart of accounts and choose how to allocate sales and fees.
3. Import recent payouts to catch up if necessary.
4. NeonPanel generates summary invoices, calculates COGS and posts them to Xero.
Outcomes
- ✔ Faster month-end.
- ✔ Trustworthy margins.
- ✔ Fewer spreadsheets.