Bookkeeping & Payroll Services for Retail Businesses
You run your retail store. We'll handle the bookkeeping.
Having to deal with inventory, suppliers, and staffing for your retail store can be a handful. Retail business owners have a lot of balls in the air and bookkeeping shouldn’t be one of them.
Trusted by Retail Businesses across Canada
Is your retail business ready for accurate, stress-free bookkeeping?
Running a retail store is all about managing inventory and generating sales. From vendor payments to payroll to sales tax and more, the devil is almost always in the details. As experts in bookkeeping for retail, we ensure you have the cash flow visibility and working capital management you need to keep your business thriving.
Accurate Financial Statements
From seasonal sales to supply chain challenges, Retail businesses can be unpredictable at best. Monthly updates on your balance sheet, income statement, and statement of cash flow can provide you visibility into your business performance, sales tax obligations, and more.
Inventory Planning and Management
Understanding and accurately accounting for inventory is the backbone to running a successful Retail business. Making big seasonal or holiday inventory purchases requires careful planning and when there isn’t enough cash on hand, up-to-date books get you bank-ready for loan applications.
Vendor Payments
Crucial to running any retail business, properly managing payables can boost your supplier relationships and help you gain favorable payment terms and discounts. We'll keep your payables up to date and ensure your bills are paid on time, through your payment method of choice.
Accounting Skills and Software
The cost of a bookkeeper, payroll professional, and accounts payable and/or receivables clerk, along with all of the software required to manage the back office functions not only take a bite out of profits, but can be difficult to find and harder to manage. Outsourcing these functions let's you focus on what really matters, sales.
Best-in-class cloud-based technology that drives Retail efficiencies
We work with cloud-based applications specializing in payroll, time tracking, merchant processing, expense management, and more. We don’t take shortcuts with security, and your data always belongs to you.
Every industry has specific tools and requirements, and Retail is no different. We work with the technology you use every day.
Get a Quote from Enkel!
Speak to us about financial operations and management services for your organization.
Bookkeeping and Payroll Resources for Retail Businesses
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