Bookkeeping for Retail Businesses
Accurate Books. Smooth Payroll. More Time for Your Customers.
Running a retail store is demanding. Between managing inventory, staffing, and customer expectations, bookkeeping can quickly become overwhelming. Most retail owners tell me they want to focus on purchasing products, improving store layout, and creating a better customer experience, not spending hours on numbers. That’s where I step in.
Common Bookkeeping Challenges for Retailers
- Multiple Payment Methods: Handling cash, card, and buy-now-pay-later transactions accurately
- Disorganised Receipts and Invoices: Missing documents can lead to lost tax deductions or audits
- Cash Flow Management: Ensuring funds are available when you need them, even with seasonal fluctuations
- Commingling Personal and Business Finances: Mixing funds complicates financial tracking and compliance
- Accurate Bookkeeping: Keep precise records of sales, expenses, and inventory
- Payroll Management: Pay staff correctly and on time, including superannuation and PAYG
- Tax Compliance: Timely BAS and GST lodgements to stay ATO-compliant
- Financial Reporting: Understand cash flow, margins, and overall business performance
- System Integration: Use cloud-based solutions for real-time tracking and simplified processes
Ready to Focus on Your Customers, Not the Books?
Let me handle your bookkeeping so you can concentrate on growing your business and delighting your customers.
Urban Ledger completely transformed the way we manage and record the cash movements in our supermarket, they expertly assist in our payroll queries and provide top level financial support – no job is too big or too small and Carla treats our business like her own.