Retail trade
In today’s highly competitive environment, where retail trade is closely linked to e-commerce, companies need efficient accounting not only to keep track of their financial performance, but also to make informed decisions, optimise their cash flow, and comply with tax and accounting laws.
Our retail sector services include:
Perpetual inventory accounting and analysis of turnover
Allows for the identification of unprofitable products and their removal from the selection
Sales accounting at the point of sale
Essential for assessing the attractiveness of the point of sale
Cash flow forecasting
Helps to anticipate liquidity shortages and determine future financial strategy
Calculation of wages, overtime, and bonuses
Reduces routine, allowing you to focus on more important management tasks
Available key performance indicators
Sales per square meter
Helps to access the efficiency of retail floor space utilisation, which is necessary for planning a sales strategy and space optimisation
Average transaction value
An indicator of sales efficiency that allows to assess the seasonality of demand, improve the effectiveness of marketing campaigns, assemble a product range, and determine a niche
Sales per employee
It is the main indicator for assessing the effectiveness of the work done by the personnel and their productivity
Online vs In-Store sales
This indicator contributes to determining whether both sales channels are required or whether it would be more efficient to choose only one of them
Shrinkage
A key indicator in retail trade that can serve as proof of theft, fraud committed by suppliers, or administrative errors
Sell through
A good means for evaluating the effectiveness of a product and comparing it with other goods on sale
