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Bookkeeping for Retail Segment

Bookkeeping for retail businesses is often more complex and has a higher volume of transactions (sales, purchases and bank entries) than many service businesses.

Velan creates reports that reflect not only the traditional profit and loss statement, but reports that focus on same store revenues and expenses, revenues and expenses by product line and overhead expense containment. Inventory is one of your biggest investments, so we have created reports that maximize inventory turns and control costs.

With Velan Financial team, you will always have timely, accurate financial information.

Outsourced Retail Bookkeeping services include

  • Outsourced bookkeeping services
  • All tax services - business and multi-state
  • Point-of-sale bookkeeping
  • Cash flow analysis
  • Financial statements
  • Reports generation
  • Weekly, monthly and quarterly reports
  • Invoice preparation

Benefits

  • Access to experienced and professional Bookkeeper
  • Save time and focus more on important issues
  • Up to date book of accounts – help you take quick business decision
  • Improved cash flow
  • Accurate financial reporting can lead into good budgeting, financial planning, and tax planning.