TikTok Shop bookkeeping
TikTok Shop bookkeeping: sales, commissions and fees, done right
Bookkeeping for US TikTok Shop sellers. We record your gross sales, creator affiliate commissions, platform fees, shipping and refunds in QuickBooks Online, so you know what TikTok Shop really earns you.
Where does my TikTok Shop money go?
Between the sale and your payout, TikTok Shop deducts a referral fee, creator affiliate commissions, shipping and any refunds, and it collects sales tax as marketplace facilitator. Booking only the payout hides all of that. We record gross sales and each deduction separately, so your margin per order is visible and the net still matches the payout.
The problem
Why the numbers never seem to match
Affiliate commissions add up fast
Creator commissions vary by product and campaign, and they rarely show up clearly in a bank deposit.
Records a mess at tax time
Statements are spread across the Seller Center, and your accountant needs gross sales, not just payouts.
Growth without visibility
Sales can grow quickly on TikTok Shop while margin shrinks, and you only find out at year end.
Process
How we do it, every week
- 01
Collect the statements
We download your TikTok Shop sales and settlement data for the period.
- 02
Separate the costs
Gross sales, refunds, referral fees, affiliate commissions, shipping and sales tax are split out.
- 03
Post to your books
Sales receipts go to your inventory system and commissions and fees post as a journal entry in QuickBooks Online.
- 04
Reconcile & report
Payouts tie to the bank, and you see TikTok Shop's real margin beside your other channels.
What you get
Books you can actually use
Monthly close
TikTok Shop sales and payouts posted and reconciled every month.
Commission tracking
Affiliate commissions on their own expense line, so you can judge which creator deals pay off.
Channel profit
TikTok Shop next to Amazon, Walmart and Shopify in one profit view.
Tax-ready records
Gross sales, fees and marketplace-collected tax organized for your CPA.
Why us
Accountants who read settlement reports every week
Our RealTax accountants, controllers and CFOs already close the books for US ecommerce brands selling on Amazon, Walmart, TikTok Shop and Shopify, and the STELZAI developers automate the repetitive posting. Every entry traces back to the marketplace report it came from.
- US TikTok Shop sellers, including multi-brand sellers
- QuickBooks Online, with SOS Inventory for item-level sales
- Creator affiliate commissions booked separately
- Marketplace-collected sales tax kept out of revenue
- Same method as your Amazon and Walmart books
FAQ
Questions sellers ask us
How do I account for TikTok Shop affiliate commissions?+
Record gross sales as income and the creator commissions as a separate selling expense, rather than netting them off sales. That keeps revenue accurate and shows what your affiliate program costs.
What TikTok Shop fees should be in my books?+
The referral fee, affiliate commissions, shipping charges, refunds and any other deductions on the statement, each posted to its own account. The net of sales and deductions should equal the payout.
What records do TikTok Shop sellers need for taxes?+
Gross sales, refunds, all platform fees and commissions, cost of goods sold, and the sales tax TikTok Shop collected for you. Our monthly close keeps these ready for your CPA.
What does it cost?+
It depends on your order volume and how many channels you sell on. After a short call you get a written scope and a fixed monthly price.
Related services
See what TikTok Shop really earns you
Tell us how you sell today. We'll show you how your TikTok Shop month should look in QuickBooks.