Guildford accountants

One tenth of ALL shopping in the UK is now conducted online.

Ecommerce entrepreneurs can find themselves confused and confounded by the tax and accounting requirements of their venture. And that’s a shame. If someone’s spotted a great new category and successfully built a web presence they shouldn’t find themselves bogged down with the accounting minutia.

Often the small business owners know they should keep accurate records of their transactions, but are at a loss as to how to do it efficiently. Many entrepreneurs simply print off their sales and manually input them into their accounts software (usually Excel) - which is very a laborious process. Therefore we are offering unique accounting services that can help online retailers fully comply with HMRC (HM Revenue & Customs) requirements and forget about the hassle of doing bookkeeping.

The uniqueness of our service lies in the fact that, apart from the regular accountancy services, we offer special stock management services for online businesses.

Benefits of outsourcing retail accounting services to us:

• Minimise the costs tied up in stock control by identifying slow moving stock and minimum reorder level.
• Save time and money on your administrative expenses by outsourcing the bookkeeping and management accounts to the professional.
• Reduce the hassle with HMRC by ensuring that proper systems and procedures are in place for calculating VAT on sales and carriage, including trade to the EU and outside EU.
• Get alert to problems in the supplier chains such as pilferages, damaged goods and discrepancies with goods received by having accurate stock figures at your fingertips.
• Make prompt management decision to boost your sale by selling slow moving stock at discount and popular items at premium price.
• Be able to obtain accurate stock level figures to give more assurance to your potential investors, business partners, banks and potential buyers of the business.
• Concentrate more on your retail business, focusing on increasing traffic, expanding margins, and growing cash profits.

Who can outsource the work?
• Online shops
• Traders on eBay, Amazon, ChannelAdvisor, EKM Powershop Shopcreator, Magento, LiquidShop, AimCo
• Retail stores with online business

We thoroughly understand the unique nature of the e-commerce trade and challenges faced by e-commerce businesses and offer our services according to your requirements.

One of the biggest concerns for many online retailers is stock management. Good stock management by a firm will lower costs, improve efficiency and ensure production can meet fluctuations in customer demand. It will give the firm a competitive advantage as more efficient production can feed through to lower prices and also customers should always be satisfied as products will be available on demand.

However, poor stock control can lead to problems associated with overstocking or stock-outs and finally to loss of sales or missed orders. This can harm the reputation of the business.

Based on our extensive experience we have an excellent understanding of your business and stock control needs, and will be able to satisfy them all at a reasonable cost.

At Taxless, we do not believe in ‘surprise costs’: we make sure that we discuss all fees before the work is started and we are happy to agree fixed price arrangements to ensure we are mutually within budget.

Are you also struggling with too much work in order to grow your online business? Than you should CONTACT US!

We are: e-commerce accountant, online business accountant, accountants for ebay business, online retail accountants, merchant accountants

Our services include: accounting for ecommerce, eBay bookkeeping, stock inventory management, stock control management, online business accounting, ecommerce Taxation, eBay business tax, taxation of e-commerce, ebay accounting, online retail accounting