Bookkeeping & accounting for retailers
The Giersch Group specializes in scalable bookkeeping, accounting and management consulting services for retailers. Having an experienced financial professional at your service not only relieves you of the hassle and stress of keeping the books, it gives you a clearer picture of your firm’s financial health and helps you develop a plan for the future.
Take advantage of a free 30-minute consultation with the Giersch Group to learn more about how we can help your business. For your convenience, consultations can be held online, or at our Milwaukee, Brookfield, or Madison offices. Our services are 100% virtual and available nationwide.
Accounting Services for Retail & Wholesale Companies
Accurate, up-to-date bookkeeping and accounting is critical for retailers in order to protect already-slim profit margins and keep an edge in a highly competitive industry. Small and mid-size retail business owners must successfully manage inventory and other resources while attending to an onslaught of competing priorities: customer needs, local and online competitors, regulatory and tax compliance, labor costs and human resources, and more.
The Giersch Group has in-depth understanding and decades of experience in providing effective accounting services to the retail industry. We don’t just keep your books – we offer meaningful financial analysis and insights to help our retail clients increase top-line growth, improve cash flow and sleep like a baby at night knowing your cash reserves, tax deductions and growth strategy are in order.
Accounting and bookkeeping for retail can be challenging. Seasonal shifts, the economic climate, consumer preferences and changes in tax codes (to name a few) all have an effect on your bottom line. We help retail businesses with a wide array of flexible services so you can get the support you need at an affordable rate, without paying for anything you don’t need.
Certified QuickBooks™ ProAdvisor for Retail Businesses
As a certified QuickBooks™ Online ProAdvisor, we can train your staff in QuickBooks™ so you can use your financial statements to improve your business operations at half the retail cost of the software. Our QuickBooks Services include:
- QuickBooks™ installation & setup as a standalone service
- Reviewing your books for accuracy
- Organizing your books and fixing any mistakes
- Training on how to view & interpret your financial statements
- Training on QuickBooks™ advanced features
- Ongoing support for QuickBooks™ programs (payroll, accounts receivable, accounts payable, job costing, customized reporting and inventory tracking)
- Complete bookkeeping support and regular reporting in full accrual accounting
Understanding Your Financials
At Giersch Group, we ensure you not only have timely, accurate financial reports, but help you to understand your current and long-term financial picture. We pride ourselves on our hands-on approach to all of our clients, being available to answer any questions you may have about your financials.
Our Services for Retailers
We offer more than just bookkeeping services for retail businesses in Wisconsin. In fact, all of our services are available online nationwide.
Case Study: Jim Wirtz's Woodworks
Case Study: Brew Pipeline
Frequently Asked Questions:
What affects the bottom line of retail and wholesale businesses?
Seasonal shifts, the economic climate, consumer preferences, changes in tax codes and more all affect the bottom line in retail. Giersch Group understands these challenges and offers a wide array of services to increase cash flow.
Is QuickBooks™ a good retail software program?
Yes! QuickBooks™ makes it simple to integrate daily sales and inventory so you can see what's selling, how much profit you're making on items and how markdowns affect sales. Unfamiliar? Giersch Group can provide training for you and your staff.
Should I do my own bookkeeping as a retail owner?
While it's certainly possible, bookkeeping for retail or wholesale businesses requires time and expertise. Inventory accounting, tracking income, expenses, payables, receivables, owner's equity and retained earnings paint a complex scenario. Giersch Group advisors are ready to help in whatever capacity you need.
