Managing accurate, up-to-date accounting records is necessary when making financial decisions in a retail store. Maintaining proper inventory levels, meeting purchase deadlines, paying manufacturers has never been easier.
Whether you use a cash register or a point of sale system, you can quickly record your daily retail sales into Crunched through a memorized journal entry detailing sales accounts, liabilities, and collection accounts.
Managing numerous vendor purchases can be a lot of work. With Crunched, you can quickly enter your purchases into the payables system, preview an aging schedule to determine cash requirements, then pay within terms in time saving batches.
Keeping your retail store up and running requires constant communication between numerous suppliers. With Crunched you can recall supplier profiles, historical payments, and more.
Many retail companies utilize credit cards to purchase goods, services, and even make utility payments. Simply record your credit card transactions with a journal entry and be sure you never miss recording another expense again.
Retail businesses are often times required to charge sales tax. With Crunched you can quickly record your sales tax liability with your daily sales entry, view your liability report, and record the disbursement to the appropriate agency.
Retail companies of all varieties and sizes have successfully utilized Crunched to manage their books. Here are a few services that love Crunched.
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