TikTok Shop Xero Integration
We make TikTok Shop accounting as easy as...
Sync TikTok Shop payout data with Xero on autopilot
Settlements broken down into sales, refunds, fees, VAT, and more
Have confidence that your TikTok Shop bookkeeping in Xero is accurate
Link My Books automates the entire TikTok Shop bookkeeping process. No more downloading TikTok Shop statement reports, no more excel sheets or manual data entry. Just accurate accounting on autopilot.
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With Link My Books' speedy integration, TikTok Shop sellers can avoid the common hurdles typically encountered, including overpaying VAT.
TikTok Shop accounting doesn't have to be time consuming
As an ecommerce business owner your time is better spent on tasks that will help you grow your store, like creating your next viral video.
Link My Books helps you save time and money by automating your bookkeeping.
TikTok Shop reports in, clean summaries out
Each time you receive a payout from TikTok Shop, Link My Books generates a clean summary invoice breaking down all the sales, refunds, fees and most importantly the VAT.
This invoice matches exactly the deposit you received into the bank making reconciliation a single click task.
TikTok Shop seller accounting made easy
With Link My Books taking care of your TikTok Shop accounting, you can focus on gaining a competitive advantage over your rivals and growing your sales.
Having accurate accounts done for you on autopilot will not only save you time each month, there's also a chance it will improve your tax efficiency too.
There's no room for human error in tax efficiency
However you decide to do your TikTok Shop accounting you need to be confident that your books are accurate to ensure you are running your TikTok Shop business in the most tax efficient way possible.
Since 2018 we've worked with 8,000+ e-commerce sellers and we've found that upwards of 75% of them are making some form of bookkeeping mistake.
These mistakes can ultimately lead to you getting your VAT returns wrong and paying too much or too little tax, both of which can land you in hot water.
Why automate your TikTok Shop accounting?
5 reasons why you should choose us
We Understand VAT
Loved by Xero Users
Value for Money
Secure
Amazing Support
Enjoy peace of mind with expert support
With 1:1 onboarding calls, live chat and email support plus easy to follow step by step guides and video tutorials - we will help you to get your Link My Books account set up in minutes so that you can save hours each and every month.
“I asked quite a random question and I received a swift response from Deborah, which was extremely helpful and demonstrated how knowledgeable the support team are.”
We’re experts in TikTok Shop and accounting
Our team is made up of ex 7 figure sellers and accountants. We know that accounting may not be your favourite task each month or even one that you’re 100% confident on. If you have a question - we’ll have the answer.
“The set up was very easy and quick. On top of that you get a 5* customer service, Rachel is brilliant, she responded to all my requests in a short time, she was knowledgeable, efficient and quick.”
“I asked quite a random question and I received a swift response from Deborah, which was extremely helpful and demonstrated how knowledgeable the support team are.”
“The set up was very easy and quick. On top of that you get a 5* customer service, Rachel is brilliant, she responded to all my requests in a short time, she was knowledgeable, efficient and quick.”
Looking for a specialist TikTok Shop accountant for your FBA business?
Well, you're in luck. Link My Books works with some of the leading ecommerce accounting specialist firms across the UK, US, Canada and Australia.
Trustworthy and knowledgeable TikTok Shop seller Accountants
To become a Link My Books approved TikTok Shop accountant our partners must demonstrate:
You can rely on the advice of our specialist ecommerce accountant experts
How to integrate TikTok Shop with Xero
Step 1: Start a free trial
Simply sign in using your Xero account - that’s it!
Step 2: Connect your TikTok Shop account
We’re an Approved TikTok Shop Software Partner and only need read-only access to your seller account.
Step 3: Confirm your setup
We’ll suggest some sensible defaults for you based on our vast experience working with thousands of sellers and accountants.
Step 4: Automate your TikTok Shop accounting
Accurate accounting on autopilot - what more could you want?
Frequently asked questions
Does TikTok Shop connect to Xero?
Yes, TikTok Shop connects to Xero using Link My Books, a software that helps sellers automate their accounting.
What accounting system does TikTok Shop use?
TikTok Shop store owners should choose something like Xero and Link My Books for their accounting because it automates the whole process.
How secure is the data transfer between TikTok Shop, Link My Books, and Xero?
We encript all data in transit using 256-bit encription and once we have processed reports we purge them from our system to ensure your data is safe.
How can I make interpreting my TikTok Shop transactions easier with Xero?
You can make interpreting your TikTok Shop transactions easier with Xero by hooking them both up to Link My Books to save you a bunch of time in importing all the sales data manually.
How often does Link My Books sync data from TikTok Shop to Xero?
Link My Books syncs data from TikTok Shop to Xero every time you receive a payout from TikTok Shop.
Does Link My Books support multi-currency accounting for international TikTok Shop marketplaces?
Yes, Link My Books supports multi-currency accounting for international TikTok Shop marketplaces.
Can Link My Books handle different tax rates for different types of products?
Yes, Link My Books can handle different tax rates for different types of products. You can create groups pf product and allocate different tax rates to each group.
How does Link My Books handle returns and refunds from TikTok Shop in Xero?
Just like with TikTok Shop orders, refunds are broken down into their principal, shipping and fee amounts and accounted for accurately with the correct tax rates.
How does Link My Books handle inventory tracking and cost of goods sold (COGS)?
You can optionally turn on our COGS tracking feature which will help to automate the accounting for your cost of goods sold too. We'll then take a count of each of the products sold as part of each of your TikTok Shop payouts and move their monetary value (landed cost) from your chosen inventory account on the balance sheet to your chosen cost of goods sold account on the profit and loss statement.
Can I import historical data from TikTok Shop to Xero using Link My Books?
Yes, your free trial includes a 90 day historical data allowance and once you subscribe to a paid plan you can get up to 24 months of historical data allowance, depending on the plan you choose.
Can someone else do TikTok Shop accounting for me?
Yes, we have a wide range of approved parter accountants and bookkeepers who we can connect you with. Check out our Approved Experts page.
Is the TikTok Shop Xero Integration difficult?
No, with just a few clicks you'll have your TikTok Shop account and Xero account connected to Link My Books. Our guided setup wizard and support team get amazing reviews so you're in safe hands.