Registers, inventory, sales tax and seasonal swings. Retail moves fast, and your books need to keep up.
Retail runs on a lot of small transactions. Sales come in through the register, online and card processors, each with its own fees and timing. Add inventory, sales tax and busy seasons, and it's easy for the books to fall behind the business.
With 30 years of accounting experience, I set up your books for how a retail business actually works, then keep them clean and easy to understand.
And what I take care of for you.
Matching daily sales from your register or online store to what actually lands in the bank.
Recording card fees properly so your sales and expenses are both accurate.
Keeping inventory values right, including shrink, damage and markdowns.
Tracking sales tax collected so your filings line up with your sales.
Planning around slow months and stocking up for busy ones.
Seeing which departments or product lines carry the store.
Other industries I work with:
Send Michele a quick note. Tell her what's going on and she'll tell you how she can help. No judgment about the shoebox.