QuickBooks makes bookkeeping and accounting easy for retailers
- Organize the financial transactions of your retail operation in one central location – see everything in one place
- QuickBooks accounting software makes it easy for retailers to accurately track income and expenses
- Access reports such as profit & loss, taxable sales, and sales by product anytime and from anywhere
QuickBooks is the #1 rated and best-selling small business financial software1. It makes bookkeeping, expense tracking, reporting, and other important accounting tasks easy. If you are looking for an easy way to organize and track your retail operation’s income and expenses, QuickBooks Online is right for you. If you are a retailer that needs more than basic bookkeeping and accounting, then QuickBooks Premier Retail Edition is right for you as it provides additional retail-specific features such as the ability to easily view sales trends, gross margin by product, sales by item, and more.
QuickBooks Online makes general bookkeeping tasks easy for retailers
QuickBooks Online makes general bookkeeping and accounting tasks like tracking bills, making payments, and recording deposits easy. Manage your invoices, create custom reports, and pay vendors in a few clicks. QuickBooks Online organizes your accounting information in one central place, making it easy to access the information you need to make smart business decisions from your PC or mobile device. Try QuickBooks Online for free.
QuickBooks Premier Retail contains features specific to retail operations
QuickBooks Premier Retail is designed to help retailers track sales efficiently. If you manage a retail business, then QuickBooks Premier Retail is the best version of QuickBooks accounting software for you. It’s the easy way to record gift certificates, layaways, taxable and non-taxable sales, discounts, promotions, and more.
QuickBooks Premier Retail helps overcome common bookkeeping challenges in retail operations, such as short/over. This occurs when the cash in the till at the end of the day doesn’t exactly match the recorded income. QuickBooks helps resolve this familiar bookkeeping hurdle by helping you track the short/over amounts. You will be amazed at how being short one day and over another eventually balances. You can easily create Short/Over accounts inside QuickBooks to track and reconcile these differences.
Retailers commonly sell and redeem gift certificates, and tracking these transactions appropriately is often challenging. Because the sale of a gift certificate isn’t a real product and doesn’t count as income – instead it is cash available to be redeemed for a product in the future – retailers need to manage their outstanding gift certificates properly. QuickBooks Premier Retail makes it easy to sell, redeem, and track gift certificates.
QuickBooks accounting software for retail makes reporting easier than ever. In a few clicks you can run profit and loss monthly comparison reports, track which sales orders are ready to ship, analyze sales trends, and see profitability reports. You can also track purchase order by vendor, returns by vendor, and track sales results.