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TikTok Shop Xero Integration: A Guide to Automated Accounting
Connecting your TikTok Shop and Xero accounts isn’t a simple, direct plug-and-play. You need a middleware tool like OneCart to bridge the gap, automating how your sales, fees, and payout data get synced. This connection turns chaotic TikTok Shop reports into clean, reconciled entries in your Xero account.
How Do I Calculate Margin for My E-commerce Store
If you want to know your profit margin, the basic formula is straightforward: Margin % = (Selling Price - Cost of Goods Sold) / Selling Price × 100%. This number shows you the percentage of revenue you actually keep as profit from each sale. Getting this right is essential for understanding if your business is truly profitable.