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.Why Enkel
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. With money flowing in and out all of the time, you want to make sure you always have sufficient working capital to keep the lights on. Cash flow visibility starts with accurate, timely bookkeeping. We can help.
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.
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.
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.
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.
Trusted by Retail Businesses across Canada
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.