You asked,
we answered
Browse our list of frequently asked questions for more information about our accounting services.
Frequently Asked Questions
No two retailers are the same, but most of their problems are universal. All of our clients are looking for more time to run their operations, less stress and greater peace of mind.
Many stores are frustrated with their current bookkeeping arrangement. We know of the challenges associated with finding someone who is qualified and dependable, or of the revolving door of part-time staff that needs to be trained each time. With that comes the costs of fixing mistakes, training, and the lack of timely accurate financial reporting.
And that’s where we come in! Expert Accounting service provides a turnkey bookkeeping solution for you. We have a team of seasoned retail professionals who will work with you to achieve your goals.
The retail landscape is forever changing, as are your businesses. Expert Accounting service can identify critical issues and help with solving the problem before they happen ensuring your ability to find the best solution to navigate efficiently.
We gain access remotely through secured applications. Within the store, we would require access to the POS system. Being a Canadian based company means there are minimal problems associated with drastic time changes. It’s just that easy!
With our current clients we found that our fees have been comparable to what the store is currently paying for their bookkeeping service to be done in-store and in many cases, less. Plus, we remove all concerns regarding maternity leaves, sick days, holidays, absenteeism, training, etc. Our pricing structure is simply based on your annual sales volume and the level of service required. Understanding that no two businesses are the same Expert Accounting service is able to customize a program to fit your needs and budget.
So glad you asked! That is where we really shine. We know that many operations suffer from poor financial management which in many cases has a lot to do with poor financial reporting. And why is that? Most owner/operators wear a multitude of hats during the day, and unfortunately, in many cases, the financials are often neglected. We provide the owner with timely, accurate financial reporting, which help dramatically in making decisions within their businesses. This can be a game changer for many stores. We are able to bring to your attention the key metrics needed to operate a profitable operation as well as comparatives to industry Key Performance Indicators.
Through this process, we can improve the stores gross margin by 1% to 2%. Again, our team members understand retail and not just on the accounting side. We know and understand what it takes to be profitable in today’s ever changing retail environment.