Keeping detailed records is key to the success of any small to medium sized business. As a small retailer, you will need to keep receipts, sales records, bank and loan statements and so on. You will also need robust systems in place for logging the stock as this information is needed for accounting purposes.
At SN Bookkeeping, we specialise in bookkeeping for small to medium sized businesses, particularly in the retail/wholesale industry and we can help you get the right processes in place to ensure all your figures add up.
This includes checking and reconciling transactions, ensuring ledgers are properly defined and up to date, regular ledger reviews to ensure there are no cashflow discrepancies and filing tax returns.