# July 2025 Release Notes

Written by Emily Burrows  
August 5, 2025

Every month we publish a new edition of release notes to introduce Finaloop's newest features and product updates. Here are this month's updates:

1. [Smarter product merging](https://help.finaloop.com/en/articles/11936823-july-2025-release-notes#h_af08aebb63)
2. [Inventory / COGS categorization](https://help.finaloop.com/en/articles/11936823-july-2025-release-notes#h_b6948a3e89)
3. [Ask AI, your new transaction sidekick](https://help.finaloop.com/en/articles/11936823-july-2025-release-notes#h_71fc4551d0)
4. [Bills spread is here](https://help.finaloop.com/en/articles/11936823-july-2025-release-notes#h_2642371c9d)
5. [Wayflyer loans](https://help.finaloop.com/en/articles/11936823-july-2025-release-notes#h_f402d2132d)
6. [TikTok Shop: Full visibility is (finally) here](https://help.finaloop.com/en/articles/11936823-july-2025-release-notes#h_c579a94775)

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# 📦 **Smarter product merging**

Merging products used to be a pain, but if you want accurate COGS per SKU, it’s a must. Now, we do the heavy lifting for you.

If you're using **sales-based COGS** or **InventoryIQ**, we now offer merge recommendations based on SKU names, product titles, ASINs, and more. You can find it on the new [Merge Recommendations](https://home.finaloop.com/inventory/products/merge/recommendations) page.

**Pro tip: Set certain matches to auto-merge, so your product list stays clean as new items come in.**

Learn more in these walkthroughs ( [Sales-based](https://finaloop.navattic.com/sales-based-merging) \| [InventoryIQ](https://finaloop.navattic.com/Unit-based-how-to-merge)) or check out our [help center article](https://help.finaloop.com/en/articles/9822434-merging-multiple-products).

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# 📝 Inventory/COGS categorization, now way easier

We heard you: Finding the right inventory category used to feel like searching for a contact lens in the dark. So we cleaned it up.

Now, instead of hunting for a super specific category right away, you’ll first choose a general **Inventory/COGS** category, then we’ll show you the potential subcategories to pick from.

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# 🧠 **Ask AI, your new transaction sidekick**

Not sure how to categorize a transaction? Just ask. Literally.

With **Ask AI**, describe a transaction in your own words, and we’ll suggest up to 3 smart categories, each with a clear explanation of _why_ it fits.

The magic? It’s tailored to _your_ business based on your industry, history, and vendor info, so the suggestions are relevant and accurate.

Find it on any transaction in your [Transaction page](https://home.finaloop.com/transactions) under the **Ask AI** button.

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# 📁 Bills Spread is here!

Want more control over when your bills hit the books? You can now:

- Defer or accelerate expenses
- Spread costs over time (daily or monthly)
- Or combine both

Finaloop automatically creates the right journal entries: accruals, prepaids, and A/P, so your books stay accurate, no manual work needed.

Check out these walkthroughs ( [Spread bill](https://finaloop.navattic.com/psa08y2) & [Multi-categories bill spread](https://finaloop.navattic.com/cpa08u1)) to see it in action.

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# 💸 Wayflyer loans: now fully automated

Got Wayflyer loans? You’re going to love this.

Finaloop now:

- Scans your loan docs
- Auto recognizes financing fees and repayments (even across multiple loans)
- Splits advances and add-ons accurately

Everything’s tracked and categorized, instantly and correctly.

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# 🎬 TikTok Shop: Full visibility is (finally) here

Finaloop’s new TikTok Shop integration gives you complete visibility into every dollar:

- Sales, refunds & shipping
- TikTok & seller discounts
- Affiliate commissions & subsidies
- Selling fees & product samples
- COGS & fulfillment (FBT)
- Sales tax

All auto-synced. All accurate. All in your books. Finaloop customers are the first and only TikTok Shop sellers who will have this level of visibility.

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### 💬 Share Your Feedback

We're always working to make Finaloop more intuitive and powerful for your business. Have suggestions or feedback? Let us know—we’d love to hear from you!