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

bookkeeping for retail businesses

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.

tax ready financials
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 tracking system
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.

pay money
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.

Are you ready to offload your accounting and bookkeeping?

Get a quote

Trusted by Retail Businesses across Canada

Caroline Somos, Founder, Blackbird Fabrics Photo
The team at Enkel has been amazing to work with! With their payroll and bookkeeping support, I have been able to scale my business without worrying about spending days on spreadsheets and numbers. I know I can trust them to be thorough and professional.”
-   Caroline Somos, Founder, Blackbird Fabrics

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.

Bookkeeping and Payroll Resources for Retail Businesses

retail Retail accounting software and tools
6 Accounting Software and Tools Every Retail Store Needs

There are numerous accounting software and tools in the market that can help streamline your retail stores' bookkeeping process...

retail improve retail cash flow
7 Ways to Improve Cash Flow for your Retail Business

Cash flow is integral to the success of every retail business. Here are some tips you can use to improve your retail cash flow.

retail hiring bookkeeper for retail store
5 Things to Consider When Hiring a Bookkeeper for Your Retail Business

Bookkeeping and financial visibility is key to a successful retail business. Here's what you need to consider when hiring a bookkeeper.