Accounting Services for Retail & E-Commerce

We capture receipts from merchant accounts or payment gateways like PayPal so you can monitor your cash flows. Our team records invoices from suppliers and vendors to ensure accurate expense tracking and cash flow management.

• Healthy cash flow and timely collection of payments
• Reducing the risk of errors and proper tracking of sales and receivables
• Specialized software and expertise
• Maintaining detailed records for reference and auditing purposes

Beyond core functions, we process payments to vendors and suppliers, handle employee payroll and update payroll records, handle tax-related reporting and compliance, record depreciation and other adjusting entries, and enter and reconcile bank transactions. We also complete month-end and year-end closing entries so you can make informed financial analysis and decisions.

• Handling transactions efficiently and securely
• Managing the entire payment lifecycle
• Capturing customer information and processing payments
• Reconciling accounts and ensuring compliance with industry standards

Accounts payable management is important to maintaining good relationships with vendors and suppliers while reducing penalties or interest charges. Our accounts payable services begin by posting payable invoices into your accounting software per industry standards, rules and software specifications.

• Processing buy orders with the connected invoices
• Tracking of ongoing orders and inventory control
• Online payments and reconciling credit card transactions
• Performing periodic vendor reconciliations

In the retail and e-commerce world, good accounts receivable management is important to ensure steady cash flow and avoid bad debts or fraud. Our accounts receivable services start with the reconciliation of POS, back-end ordering platforms and third-party marketplaces together with your accounting software, ensuring your sales information is included in your financial documents whatever the sales channel.

• Posting manual entries daily, weekly or monthly into your accounting software
• Reconciling daily sales across these systems
• Producing regular reports for analysis
• Data-based decisions

Our team tracks consumer payments at an order level and reconciles credit card or check payments with outstanding customer accounts. This prevents bad debts and catches fraud. We also periodically reconcile merchant or PayPal accounts, tracking funds in transit and avoiding unnecessary merchant fees or charges.

• Proper revenue recognition
• Minimizing disputes or chargebacks
• Implementing systems for consumer payments and generating reports
• Identifying potential issues and timely resolution

Effective decision-making needs accurate financial analysis and data. Our management reporting and analysis services provide essential information about your company's efficiency and economic health.

• Detailed management reports
• Reports on inventory reconciliation
• Month-end sales reports by product category and region
• Recognizing trends and marketing opportunities

We analyze revenue reports to determine the greatest product lines, categories, manufacturers and SKUs, helping you understand your product portfolio and make educated choices regarding product development, marketing and inventory control.

• Monthly financial control reports with sales, purchases, expenditures and liabilities
• Tracking working capital utilization
• Producing cash flow reports
• Analyzing margin breakdowns, price drivers and expense trends