Bookkeeping for retailers, wholesalers, and multi-channel businesses.
Retail and wholesale businesses juggle stock, suppliers, sales, and staff all at once, often through busy and quiet seasons. When the numbers aren’t right, you feel it straight away.
East Coast Bookkeeping & Business Solutions helps retail and wholesale businesses keep their finances in order, understand their margins, and manage cash flow through every season. From specialty stores to wholesalers and online sellers, we know how the numbers in your business fit together.
What we do
Inventory management support and cost-of-goods tracking
We set up and maintain accurate stock records in your accounting software, with correct cost-of-goods tracking, so you know your true margin on everything you sell.
Point-of-sale reconciliation
We reconcile your POS sales against your bank records across every sales channel, so your revenue is accurate and every transaction is accounted for.
Supplier invoice management and accounts payable
We manage your supplier invoices and payment schedule, so your accounts stay current, your suppliers get paid on time, and your cash flow stays predictable.
Payroll for retail teams
We manage payroll for teams of all sizes, including casual and part-time staff. Retail staff are usually covered by the General Retail Industry Award, while warehouse and distribution staff may fall under a different award. We keep you up to date on rate changes and ensure super is paid every payday under Payday Super. See our payroll and HR services.
BAS preparation and lodgement
As registered BAS agents, we prepare and lodge your BAS, with GST reported correctly across all your sales channels. Lodging through us usually gives you about four extra weeks to lodge and pay most quarterly BAS.
Bank reconciliation and financial reporting
We keep your accounts reconciled and prepare reports that show how each product category and sales channel is performing.
Cash flow forecasting for seasonal businesses
Many South Coast retailers have strong seasonal peaks. We help you plan ahead for the busy periods and stay steady through the quiet ones. See our cash flow forecasts and budgeting services.
Who this is for
- Independent retail stores
- Specialty retailers in fashion, homewares, health, outdoor, gifts, and similar categories
- Wholesale and distribution businesses
- Online retailers with a physical store
- Multi-channel retailers selling in store and online
Why choose East Coast Bookkeeping & Business Solutions
- Experience with POS reconciliation, stock costing, and seasonal cash flow
- A strong understanding of retail award rates and payroll
- Registered BAS agents who report GST correctly across every sales channel
- Cash flow support to close the gap between trading well and having money in the bank
- Bookkeeping and reporting together, so you get clear margins and clear decisions
- A team of bookkeepers, accountants, and registered BAS agents in one place
- A local office in South Nowra, with support available online Australia-wide
Talk to a bookkeeper who knows retail
Book a free 30-minute consultation by phone, online, or in person. We’ll look at how your business runs now and what support would help. Obligation free.
Contact us to book a free consultation.
Frequently Asked Questions
Can you work with our point-of-sale system?
Yes. We work with a range of POS platforms, including Lightspeed, Square, and Shopify. We reconcile your POS sales against your bank and accounting records. Where your POS connects directly with Xero or MYOB, we set that up, so sales data flows through automatically instead of being entered by hand.
Do you help with inventory management as part of the bookkeeping service?
Yes. We set up your stock categories, track cost of goods, and make sure your stock records match your financials. If you use a separate inventory system, we work alongside it and make sure the data flows correctly into your accounts.
We sell online and in store. Can you handle both?
Yes. We reconcile income from your store and your online channels, apply the correct GST treatment to each, and show you how each channel is performing.
Our business has a big seasonal peak. How can you help us prepare?
We build a cash flow forecast that maps your income and costs through the year, with your peak periods clearly marked. That lets you plan stock, staffing, and cash reserves well before the busy season. We also show you what your cash position is likely to look like after the peak, so the quieter months don’t catch you out.
We are thinking about switching bookkeepers. What does that process look like?
We handle the changeover from start to finish. We review your current records and systems, then take over in a clean, organised way. When needed, we work directly with your previous bookkeeper and make sure nothing is missed during the handover. Most clients find it much simpler than they expected.
