A Temu settlement tells you what Temu paid you, for which orders, after which deductions, over which period. That is enough to answer "what did I clear on Temu this month" and "which Temu SKUs carried the payout." It is not enough to answer "which Temu SKUs made money," because the settlement carries no cost of goods, no inbound freight, and no view of the ad spend or the inventory you bought to serve the channel. Those live in your books, or nowhere.
For most US sellers, Temu is the newest channel in the account, and the settlement is the first place its numbers show up. Read it well and you have a channel you understand. Read it wrong and you have a channel that changes your blended margin without you noticing.
Temu's public seller site (seller.temu.com) describes the program in broad terms: sellers register at no charge, Temu markets the listings, Temu "does not provide logistics services directly" and instead offers integrated logistics options, and payouts are described as fast. The Seller Academy on the same site covers account setup, product management, orders, logistics and returns, and product ads.
Temu does not publish the layout of its settlement statement on a page you can read without logging in, and this article does not pretend otherwise. What follows describes what any marketplace settlement must contain to be reconciled, and what to check for in yours once you export it from Seller Center. If your export lacks one of these, that is the first finding.
A reconcilable settlement needs, per order or per line:
Compare that to Amazon. An Amazon settlement is a two-week statement with every transaction typed (order, refund, fee, adjustment, transfer), and the guide to reading the Amazon two-week statement line by line walks the columns. Two differences matter for Temu sellers. First, the settlement cadence and deposit timing are Temu's, so a month-end close that assumes Amazon's rhythm will misplace Temu orders across periods. Second, fulfillment is seller-arranged or arranged through Temu's logistics options, so the shipping cost of a Temu order may sit in a carrier bill rather than inside the settlement. FBA sellers are used to fulfillment showing up as a settlement deduction. Temu sellers should expect to go looking for it.
Write them down before opening the export. Each needs a specific pairing of data.
What did Temu net me this month, by SKU? Needs the settlement lines mapped to your SKU list. Temu's product identifiers are not your Amazon ASINs, so a SKU map is the first piece of setup.
What did it cost me to fulfill those orders? Needs carrier invoices or Temu logistics charges tagged to Temu orders. If labels were bought on a shared carrier account, split them by channel before this question has an answer.
Did I make money after COGS? Needs landed cost per unit, the same FIFO layer that feeds your Amazon margin. A SKU sold on three channels has one cost basis, and sellers who keep a separate cost per channel end up with several by accident.
What is my Temu return rate, and on which products? Needs refund lines tied to orders, with reason codes if Temu supplies them.
Is the Temu price point cannibalizing Amazon? Needs both channels' unit sales by week, side by side, for the same SKU.
How much cash is tied up in inventory bought for Temu? Needs PO history tagged by intended channel, or at least by warehouse.
Illustrative numbers, not Temu's published rates. Take a seller who sells a silicone baking mat set on Amazon and added Temu in June. August on Temu:
The settlement stops there. Now the books:
The same SKU on Amazon that month, from the seller's reconciled Amazon data, ran a 24 percent contribution margin at a $16.99 price. So the Temu channel is profitable, thinner, and priced $4.00 lower. That raises the next question: did the 420 Temu units add to total volume, or did some of them replace Amazon units at a lower margin? The answer is a week-by-week unit comparison of the same SKU across both channels, and it is not in either settlement.
ConnectBooks syncs Temu alongside Amazon, Shopify, Walmart, eBay, and TikTok Shop. The Temu integration brings the settlement into QuickBooks Online, QuickBooks Desktop, or Xero with fees, refunds, and payouts posted to their own accounts, and the Temu accounting page covers the accounting-system pairings. Once the settlement is reconciled at the transaction level and the SKU map is in place, the SKU-level and channel-level profit reports put the Temu baking mat and the Amazon baking mat on the same cost basis. That is the only way the worked example above gets computed without a spreadsheet.
Crunch is the AI inside ConnectBooks that answers plain-English questions about profit, margins, advertising, inventory, fees, and cash flow from the seller's reconciled data. The Crunch page names Amazon, Shopify, Walmart, TikTok Shop, and eBay as the channels it reads; check that page for current coverage before you plan on asking it Temu questions. The reconciled Temu ledger described above is what any question-driven analysis needs, whether the question goes to an AI or gets worked by hand.
On a reconciled ledger, an AI can answer the questions in the list above: net by SKU, contribution after shipping and COGS, return rate by product, and a week-over-week unit comparison across channels for the same SKU.
It cannot answer them if the data is not there.
It cannot see shipping labels bought on a carrier account that was never tagged by channel. In the example above it would compute a Temu margin $1,428 too high and present it with confidence.
It cannot know your Temu cost basis if the PO for the Temu inventory was entered without freight. Missing landed cost is the most common reason a new channel looks better than it is.
It cannot tell you why Temu returns are high. It can tell you they are 5.5 percent of units on this SKU (23 of 420) against 2 percent on Amazon. The reason is in the product, the listing photos, or what a customer expects at $12.99, and finding it is your job.
It cannot read a Temu policy change, a fee schedule update, or a promotion Temu ran that you did not opt into. It reads what settled.
It takes no action in Seller Center. It answers. The price change or the pause stays with you.
Start with the export. If it reconciles to the bank deposit and every deduction has a home in the chart of accounts, the questions above have answers. If it does not, the first Temu analytics project is bookkeeping.
Running an e-commerce business comes with plenty of challenges, but ConnectBooks is here to make your life easier. With real-time insights, seamless integrations, and detailed tracking of your profitability and inventory, you can stay ahead of the game. Whether you’re selling on Amazon, Shopify, Walmart, TikTok or eBay, ConnectBooks helps you manage your finances with 100% accuracy and confidence, so you can focus on growing your business.
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