Retail Accounting Services
As the owner or operator of a retail business, you’re keeping lots of balls in the air: recruiting, scheduling and paying employees, keeping abreast of and following retail laws and regulations, working with the best vendors to source high-quality products and everything else that needs to be done so that customers walk through your doors and leave satisfied.
The BackOffice Solutions team of expert accountants, revenue specialists and more can fill the duties of an internal accounting department — which means you can focus on decisions that drive growth, not worrying about bookkeeping. Ultimately, this means greater operational focus, significantly reduced overhead costs and a bigger bottom line for your business.
Let us help with your juggling act. When you work with BackOffice, you can focus on what you want to do: delighting customers and turning them into regular buyers.
What Your Store Needs
The BackOffice Solutions service team reports to a client-dedicated controller, and includes veteran accountants, accounts-payable processors, revenue specialists, tax specialists experienced in the intricacies of sales and use tax compliance and reporting and more. Our team will get to know you, your employees, your vendors and suppliers and how your business functions.
We don’t believe in world of “one size fits all.” Every retail business is different, and so every retail business needs a team that understands its own unique needs and idiosyncrasies.
Specialized Retail Accounting Technology
Unless you’re an antique store, you wouldn’t sell your customers old, outdated products. Similarly, we don’t believe in using obsolete accounting solutions or technology. BackOffice Solutions draws on our technological resources and experience, bringing them to bear for all our clients.
This includes:
- Paying vendors electronically (though we also support printed checks)
- Reconciling all daily deposits and monthly bank statements
- Generating comprehensive financial statements at the end of each accounting period, hosted online and easily exported to Excel or PDF files for further analysis or printing
- Consolidated financial information available 24/7 via our web portal
Your employees will enjoy the easily accessible information a BackOffice Solutions partnership provides, too. Your team can access their authorized financial statements on their schedules, as well as general ledger details or accounts-payable images, using our secure web portal.
An External Retail Bookkeeping Team
Through the synthesis and processing of key information, BackOffice Solution acts like an internal accounting department, helping you make informed decisions for your business. We provide retail accounting, retail bookkeeping and retail payroll services including:
- Managing general ledger, cash management, payables, fixed assets and receivables to produce a comprehensive look at your business’ financials
- Establishing internal controls to combat theft or fraud; we verify sales deposits and handle invoicing from suppliers and service providers
- Sending you daily financial summaries and monthly statements of operations and balance sheets in trackable electronic form
- Providing unlimited phone or in-person consultation on any questions you might have about accounting or taxes questions
- Ensuring compliance with state and federal regulations for everything from sales taxes, and business permits to inventory movements and more
BackOffice Solutions gives you the information and tools you need to manage revenue and expenses, leaving you free to concentrate on vendors, suppliers, employees and — of course — your valued customers.
Why Choose BackOffice?
BackOffice Solutions has over 30 years of experience at propelling businesses to growth with our resources, skills, and consulting solutions. Our drive is to help you do what you do best — expanding your business into its fullest potential.
At BackOffice Solutions, we’re proud to have called the Miami and Fort Lauderdale area our home for decades. Our dedication to these communities is a large part of what motivates us to help your organization succeed. The success of your business provides employment opportunities to our communities and brings capital into our local economy, all the while enabling you to realize your dream. We believe in win/win situations.
BackOffice Solutions helps businesses tackle hurdles like:
- Accounting
- Payroll
- HR
- IT
- Government compliance
- Employee benefits
- Insurance
- Capital
Our team includes CPAs, HR professionals, and IT experts who specialize in the retail industry. From daily employee screening services to year-end tax return strategies, we are committed to helping small business owners navigate the challenges involved in running a company.
Our commitment to you begins with our experienced transition team. Our dedicated transition coordinator will review your current procedures, helping you implement industry best practices while still ensuring continuity of your business’ key procedures. Your business will enjoy top-line service from a client-dedicated service team, and you’ll be in regular touch with an executive relationship contact to make sure we’re delivering to your satisfaction. And since our processing is performed in-house, you can rest assured knowing that your critical, sensitive data is not being outsourced to offshore providers.
While our services are designed to be a boon to a small to medium business of any size, our business solutions are specifically tailored to the needs of multi-unit retail businesses. We combine our experience with top-line technology to deliver comprehensive solutions.
Our end goal is simple: Reducing your administrative costs and helping you refocus your time and effort on looking forward, not keeping the lights on.
If you’re ready to focus your attention on growing and developing your business while leaving administrative tasks to expert professionals, contact BackOffice Solutions today.