Category: Integrated Accounting
Retail management requires a great deal of flexibility because situations can change without notice. At the same time, certain aspects of retail management, like accounting, have clearly defined parameters that bring some inflexible standards...
Today it’s entirely within the realms of possibility for an employee to redirect credit card transactions to their personal bank account. All it takes is a little tech knowledge and a lot of dishonest...
Retail lease agreements can be tricky to deal with unless you have an integrated “retail-centric” accounting system that enables accurate, centralize methods of lease management. In addition to keeping track of rent payments and...
Most retail businesses need a “retail-centric” accounting method that has been designed to keep track of the many variables encountered during operations. One of the most challenging variables is the retail commissions that is...
Retail accounting is a challenging but essential part of functioning in business. The many factors that should be considered make it imperative to utilize a retail-centric system that takes every aspect of the variables...
If you haven’t looked at ChainDrive’s Integrated Accounting system, you might be thinking that it’s impossible to find a retail-centric software that adapts to your specific needs. But ChainDrive accounting for retail business has...
Accounting may seem like a boring subject to some people, but for retailers it’s as boring as breathing. If the accounting process is compromised by faulty systems or poor functionality, then your business will...
Accounting principles are very important for any retail chain no matter what channels you operate in. If you cannot manage your assets and turn them into profit, you will go out of business. That’s...
Retail businesses have specific accounting needs that other businesses don’t have. For instance, you’ll often have merchandise that you have purchased and which you must figure out what to do with after so many...
Retail professionals face many difficulties when working towards developing a successful and growing business. Keeping up with the market’s ever-changing demands and working to match competition, manage internal practices, satisfy customers, and maintain competitive...