Industry · Retail
Accountants for retail stores and shops.
Tight margins, fast-moving inventory, seasonal traffic: retail is a game of pennies. We keep books that match the pace of your sales floor, and tell you where your margins really are.
LightspeedSquareCloverMonerisQuickBooks en ligne
The problems we solve every week
The register and the books tell two stories
Sales, returns, exchanges, tips, deposits net of terminal fees: we reconcile every sales day across your POS, your processor and your bank account. One number, the right one.
Inventory eats profit in silence
Theft, breakage, obsolescence, receiving errors: shrinkage distorts your margin. We recommend counting methods and a reliable valuation to put in place, so the gross margin on paper is the real one.
Sales taxes: promos, gift cards, returns
GST/QST lives in the details: a gift card is taxed at redemption, not at sale; a discount changes the base. We set up the accounting accordingly and file returns on time.
What the engagement can include
- Monthly bookkeeping connected to your POS
- Margins by department and inventory turnover tracked continuously
- GST/QST filings, payroll and remittances
- Cash-flow budget for peak and slow seasons (fall buying, holidays, sales)
- Year-ends, corporate tax, and analysis before opening a second location
Inventory count · Q3
Store (example)
Inventory per books128 400 $
Physical count126 090 $
Shrinkage found(2 310) $
Gap explained, books adjusted✓
Shrinkage measured, not guessed.
FAQ · retail
Retailer questions
How often should I count my inventory?
It depends on your volume and departments. Many retailers combine a full annual count with targeted counts during the year; we help you pick the rhythm that fits your reality, and adjust the books at each count so the margin on paper stays real.
How do gift cards get accounted for?
Selling a gift card isn't revenue: it's a liability that becomes revenue (and gets taxed) at redemption. Configured wrong, your POS inflates sales and distorts your taxes. We fix the setup and track unredeemed balances.
Would a second location be profitable?
We start from your real margins by department, then model rent, staffing, purchasing and ramp-up. You see the break-even point and cash requirement before signing the lease, not after.