How to get your small business finances in shape
Thinking about getting your small business finances in shape? Here's a finance fitness plan to help you achieve your goals.
$10
/month
Sage Accounting for retail businesses will help you stay on top of customers and inventory, giving you control over orders and customer demands.
Entry-level accounting software. Ideal for self-employed and micro-businesses.
Powerful cloud accounting software for small businesses. Includes everything from Sage Accounting Start, plus:
Sage Accounting is a type of accounting software that works from anywhere, online. Shops and retail businesses typically use Sage Accounting to work on their books and control their cash flow. It will help you track your income and expenses while spending less time on financial admin.
Retail businesses deal with sales, customer support and admin, which can be time-consuming. Sage Accounting will help you review your shop's numbers regularly. You can also snap and capture receipts related to your expenses as you go directly into app.
Retail accounting describes an inventory valuation technique often used by retailers. Unlike cost accounting for inventory, it values stock or inventory based on the selling price rather than an acquisition price.
An accountant can help you check your books. They can also advise about how much tax you should pay, in the most efficient way possible. Sage Accounting makes is easy to collaborate with your accountant, securely.
Use accounting software. It's more reliable and accurate than spreadsheets or paper processes. It will sync transactions from your business bank account automatically. If the transaction doesn't come out of your bank account, snap and capture the receipts with your phone. Apps like AutoEntry are ideal for this. Review your retail store books at least once a week, month and quarter.
Thinking about getting your small business finances in shape? Here's a finance fitness plan to help you achieve your goals.
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Whether you’re a sole trader, a micro-business or a small business with complex invoicing requirements, there’s a Sage Accounting solution for you.
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