Accounting for Retail & Convenience Store Businesses in New Zealand
Practical accounting, GST, Xero, payroll and inventory accounting support for dairies, convenience stores, grocery stores, liquor stores, franchise retailers and other established retail businesses throughout New Zealand.
Retail businesses deal with stock, suppliers, wages, GST, daily sales and cash flow. We can help with the accounting side of your business.
Support available in English, Punjabi and Hindi.
Practical accounting, GST, Xero, payroll and inventory accounting support for dairies, convenience stores, grocery stores, liquor stores, franchise retailers and other established retail businesses throughout New Zealand.
Retail businesses deal with stock, suppliers, wages, GST, daily sales and cash flow. We can help with the accounting side of your business.
Accounting Support for Your Retail Business
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Annual accounts, income tax returns and ongoing tax compliance.
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GST returns, bookkeeping, reconciliations and Xero support.
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Payroll accounting, PAYE and payday filing support where included in the engagement.
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Accounting support for stock records, supplier costs, gross margins and business cash flow.
Who We Help
Dairies
Convenience Stores
Superettes
Grocery Stores
Indian Grocery Stores
Liquor Stores
Fruit & Vegetable Shop
Meat Stores
Sweet Shops
Takeaway Shops
Pizza Shops
Bakeries
Clothing Stores
Jewellery Stores
Mobile Phone & Accessories Stores
Computer & Electronics Stores
Pharmacy Retail Businesses
Fuel Station Convenience Stores
Multi-Store Retail Businesses
We also support other independent, franchise and multi-location retail businesses throughout New Zealand.
Inventory can be one of the largest assets in a retail business.
Inventory & Stock Accounting
Where suitable records are available, we can assist with accounting information relating to:
stock purchases
supplier invoices
opening and closing stock
inventory values
stock adjustments recorded by the business
damaged or obsolete stock information
cost of goods sold
gross margins
inventory reports from your retail or POS system
This can help provide clearer financial information about sales, stock and margins.
The business remains responsible for physically managing and counting its inventory and for providing complete and accurate stock information.
Daily Sales, Suppliers & Cash Flow
Retail businesses can have strong sales while still facing cash-flow pressure.
We can assist with accounting records relating to:
Sales
EFTPOS
Supplier Accounts
Stock Purchases
Wages
GST
Rent
Business Expenses
Where appropriate records are available, we can help organise this information so you have a clearer picture of the financial side of your business.
Franchise & Multi-Store Retail Businesses
Own one franchise store or several retail locations?
Where suitable accounting records are maintained, information may be organised by store or location to help review:
sales
stock purchases
wages
supplier costs
franchise fees
operating expenses
cash flow
The level of reporting available depends on the accounting records and systems being used.
We can discuss your retail accounting requirements in English, Punjabi or Hindi, including GST, Xero, payroll, inventory accounting, margins and cash flow.
Support in English, Punjabi and Hindi
Request a Call Back
Need an Accountant for Your Retail Business?
Tell us briefly what you need help with and we can contact you.
Chartered Accounting Support
Yugraj Singh Mahil CA
Chartered Accountant
Member of Chartered Accountants Australia and New Zealand
Yugraj combines professional accounting experience with practical retail and business experience in New Zealand.
Online accounting support available throughout New Zealand.
021 0234 6659
Frequently Asked Questions
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Yes. We provide accounting support for dairies, convenience stores, grocery stores and other established retail businesses.
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Yes. Where suitable records are available, we can assist with the accounting information around stock purchases, inventory values, cost of goods sold and margins. The business remains responsible for physical stock management and counts.
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Yes. We can assist with GST returns, bookkeeping, reconciliations and Xero support where included in the engagement.
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Yes. Where appropriate systems and records are maintained, accounting information can be organised to assist with individual stores or locations.
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Yes. We provide payroll accounting, PAYE and payday filing support where agreed. We do not provide employment-law advice.
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Yes. Support is available in English, Punjabi and Hindi.