Finaloop vs Sidr ‑ Sales Tax Automationfor Shopify (2026)
Finaloop and Sidr ‑ Sales Tax Automation are both highly-rated (5/5) apps in the Shopify Finances category, but they address fundamentally different needs for ecommerce merchants. Finaloop offers a comprehensive accounting software and service, focusing on bookkeeping, inventory management, and generating key financial reports like Profit & Loss, Cash Flow, and Balance Sheets. They also provide a full history catch-up service, suggesting a fit for businesses needing to clean up existing messy financials. Sidr, on the other hand, concentrates solely on US sales tax automation, offering features like nexus tracking, registration, reporting, and filing automation. The primary difference lies in their scope: Finaloop provides a broad financial management solution, while Sidr offers a specialized solution for US sales tax compliance. Finaloop is likely targeted at merchants seeking a complete outsourced accounting solution with real-time financial visibility, including inventory management. Sidr targets merchants specifically concerned with the complexities of US sales tax, especially those operating across multiple states and facing nexus issues. Both offer some form of customer support, Finaloop with 24/7 availability, and Sidr with timely chat and email support.
At a Glance
Finaloop
60 reviews
Sidr ‑ Sales Tax Automation
52 reviews
Detailed Overview
Finaloop
Accounting software + service for ecommerce. Get real-time fully accurate bookkeeping & inventory
Key Features
- Tax-ready P&L, Cash Flow, Balance Sheet, and payable and receivable tracking
- Inventory sync & management (FIFO unit tracking) for ecommerce & retail
- Real-time financial dashboard built for founders
- Full history catch up - whether your books are messy or non-existent
Sidr ‑ Sales Tax Automation
Sidr Tax is a US-based fully managed US sales tax solution. Automate your sales tax returns.
Key Features
- Autofile: Fully automate your sales tax filing and always stay on schedule.
- Economic Nexus Dashboard: Know exactly when you need to start collecting taxes.
- Accurate Tax Reports: Sales tax calculations always up to date and export ready.
- Registration: Obtain sales tax permit for you at the right time.
- Chat Support: Have questions? Chat with us and we respond as soon as we can.
Feature Comparison
| Rating | 5/5 | 5/5 |
Rating Finaloop5/5 Sidr ‑ Sales Tax Automation5/5 | ||
| Reviews | 60 | 52 |
Reviews Finaloop60 Sidr ‑ Sales Tax Automation52 | ||
| Core Function | Full-service accounting & inventory management | US Sales Tax Automation |
Core Function FinaloopFull-service accounting & inventory management Sidr ‑ Sales Tax AutomationUS Sales Tax Automation | ||
| Key Features | P&L, Cash Flow, Balance Sheet, Inventory Sync, Founder Dashboard | Autofile, Economic Nexus Dashboard, Accurate Tax Reports, Registration |
Key Features FinaloopP&L, Cash Flow, Balance Sheet, Inventory Sync, Founder Dashboard Sidr ‑ Sales Tax AutomationAutofile, Economic Nexus Dashboard, Accurate Tax Reports, Registration | ||
| Target Merchant | Ecommerce brands needing full bookkeeping and inventory tracking | US-based merchants with complex sales tax requirements |
Target Merchant FinaloopEcommerce brands needing full bookkeeping and inventory tracking Sidr ‑ Sales Tax AutomationUS-based merchants with complex sales tax requirements | ||
| Support | 24/7 | Chat & Email |
Support Finaloop24/7 Sidr ‑ Sales Tax AutomationChat & Email | ||
| Value Proposition | Clean, tax-ready financials with real-time visibility | Effortless US sales tax compliance and automation |
Value Proposition FinaloopClean, tax-ready financials with real-time visibility Sidr ‑ Sales Tax AutomationEffortless US sales tax compliance and automation | ||
| Inventory Management | Yes (FIFO unit tracking) | No |
Inventory Management FinaloopYes (FIFO unit tracking) Sidr ‑ Sales Tax AutomationNo | ||
Our Verdict
The choice between Finaloop and Sidr ‑ Sales Tax Automation depends heavily on the merchant's specific needs. If a merchant requires comprehensive accounting, bookkeeping, and inventory management, especially with a need for real-time financial visibility and full history catch-up, Finaloop is the clear choice. However, if the primary concern is managing US sales tax compliance, especially across multiple states and navigating economic nexus, Sidr offers a specialized and automated solution.
A merchant could potentially use both apps, leveraging Finaloop for overall financial management and Sidr for the specific complexities of US sales tax. However, for startups or smaller businesses with limited resources, prioritizing one based on the most pressing need (comprehensive accounting vs. sales tax compliance) is crucial.
Common Questions
Does Finaloop handle sales tax?
While Finaloop provides financial reports, it's not explicitly stated that they handle sales tax filings directly. They provide tax-ready financials, suggesting the user or their tax professional would use the data to file.
Does Sidr offer inventory management?
No, Sidr ‑ Sales Tax Automation focuses exclusively on sales tax-related functions and does not offer inventory management capabilities.
Which app is easier to use?
Neither app description explicitly states ease of use. However, Sidr's focus on automation suggests a potentially simpler, more hands-off experience for sales tax, while Finaloop's comprehensive nature may require more initial setup and interaction with their accounting team.
What is the cost difference between Finaloop and Sidr?
The provided information doesn't include pricing details for either app, so a cost comparison is impossible without further data.
Can Finaloop help me catch up on years of missing accounting data?
Yes, Finaloop explicitly mentions a 'Full history catch up - whether your books are messy or non-existent' feature.
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