Retail & E-commerce
Accounting, tax and advisory support for Retail & E-commerce across Australia. Practical guidance from SKC Accounting.
Accounting, tax and advisory support for Retail & E-commerce across Australia. Practical guidance from SKC Accounting.
Businesses We Support
Examples include:
clothing stores
fashion retailers
convenience stores
specialty food retailers
gift shops
furniture retailers
electronics retailers
homeware stores
beauty and cosmetic retailers
specialty stores
online stores
Shopify businesses
Amazon sellers
eBay sellers
marketplace sellers
social-media sellers
home-based online stores
importers
subscription-product businesses
businesses operating both online and through physical stores.
Common Financial Challenges
Retail and e-commerce businesses often deal with:
inventory
stock purchasing
supplier payments
online payment platforms
merchant fees
GST
gross-profit margins
seasonal sales
returns and refunds
discounts and promotions
multiple sales channels
cash tied up in stock.
Understanding More Than Sales
A business may have strong sales without necessarily making strong profit.
Useful questions include:
What did the products cost?
What margin are you actually making?
How much cash is sitting in inventory?
Which products or sales channels are performing best?
How SKC Accounting Can Help
We can help you organise your accounting information and better understand the financial side of your retail or e-commerce business.
Service Delivery Disclosure
SKC Accounting Financial & Advisory Services Pty Ltd trading as SKC Accounting is a licensee of Platinum Accounting Australia Pty Ltd (Platinum). Platinum is a Registered Tax Agent (Tax Agent No. 24683431). Tax agent services, including the preparation, review and lodgement of tax returns, and BAS/GST services requiring registered-agent authority, are provided through Platinum under the applicable engagement arrangements. For more information, please visit Platinum Accounting Australia.
Let’s Talk About Your Business
A useful first conversation starts with what your business does, what is creating pressure and what you would like to improve. Book a Complimentary Initial Consultation to discuss the support that may suit your circumstances.