Accounting Software for Retail

Accounting software for e-commerce helps you manage the financial aspects of your retail business; streamlining processes like purchase order management, tax calculation, cash flow calculation, and many others.

 

About Accounting Retail Software

This system works by automating and streamlining the accounting processes that are associated with online sales. Such software can automatically collect data on your sales, expenses, and inventory, and turn it into comprehensive reports. Even the smallest e-commerce business has to deal with different kinds of financials and reports. By using this system, you can quickly generate your required quantity of standard and customizable reports. 

An additional key feature is the tax calculation capability. This tool can automatically complete all your tax forms, saving you a considerable amount of time. This feature is particularly advantageous if your business operates across multiple countries and navigates various tax systems as several legal entities.

Whenever you make a sale online, retail accounting software will automatically record the transaction and update your financial records. It will also calculate taxes, fees, and shipping costs, and generate invoices for your customers. These capabilities reduce the need for manual data entry and lower the likelihood of errors. In addition to recording sales, accounting software for e-commerce business can also manage your inventory levels.

Overall, accounting software for retail business helps make the accounting process more efficient and accurate, giving business owners more time to focus on growing their business. You can integrate it with your website, order management, and inventory management systems for greater efficiency. 

Features

Accounting software for retail businesses



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Work Process

Accounting software development encompasses multiple stages. For each one, you will need a dedicated team. As a rule, integrations with other software require special focus.

1


Project planning

We analyze and prioritize tasks, and set priorities.

Team:

  • Project Manager


2


Business analysis

We analyze the client’s current infrastructure, develop task specifications, and search for solutions for customers’ problems.

Team:

  • Project Manager
  • Business Analyst

3


UI/UX design

We design convenient and appealing interfaces for different groups of users. 

Team:

  • Project Manager
  • Business Analyst
  • UI/UX Designer


4


Back-end development

We work on the web app’s server side.

Team:

  • Project Manager
  • Business Analyst
  • UI/UX Designer
  • Back-end Engineers
  • Manual QA Engineers

5


Front-end development

We work on the web app’s user side.

Team:

  • Project Manager
  • Business Analyst
  • UI/UX Designer
  • Front-end Engineers
  • Manual QA Engineers


6


Integrations

We analyze the software to be integrated and complete two-side integrations. 

Team:

  • Project Manager
  • Business Analyst
  • UI/UX Designer
  • Front-end Engineers
  • Back-end Engineers
  • DevOps Engineers

7


Testing

We test the product by performing manual, automated, unit, and integration testing. 

Team:

  • Project Manager
  • Manual QA Engineer
  • QA Automation Engineer
  • Back-end Engineers

8


Implementation and training

We create training materials and add the solution to the client’s tech stack. 

Team:

  • Project Manager
  • Technical Writer
  • DevOps Engineers
  • Support Engineers

Our Clients

We develop large projects for clients across 27 countries, a significant number of which are featured on the Fortune 500 list.

Microsoft
Microsoft
Hyundai
Hyundai
Mazda
Mazda
Pepsi
Pepsi
Kia
Kia
Tennet
Tennet
Preston Baker
Preston Baker
Thomas Cook
Thomas Cook
Recipe Plus
Recipe Plus
Danone
Danone
Pivdenny bank
Pivdenny bank
Gravitec
Gravitec

Our company specialises in projects for
Retail & E-commerce

Why Do You Need It

Running an e-commerce store involves a great deal of work with payroll, taxes, invoices, and bills, and you will most often need a tool to automate all this work. Accounting software for retail shop can be beneficial in the following cases.

Different sales channels

Your retail business uses multiple sales channels

Wide range of products

Your shop offers a broad product line

Diverse collaboration

You work with different suppliers and partners

Vast online sales

Your online sales volumes are large

International operation

Your store operates in countries with different taxing systems

Many inventories

You have multiple inventories

Complex discount system

Your store offers different levels of discounts

Limited data on budgeting

You need more financial data for efficient operation

Large current assets

You have a large accounts receivable

Metrics calculation

You need to calculate EBITDA and other financials

Absence of analysis

You lack financial analytics on goods or departments

Untimely payouts

You deal with payment delays

Hard to track payments

Part of payments are lost

Poor tax management

You have problems with tax calculation

Inefficient employee work

Your accountants are overloaded or there are too many of them

Our Standards

In our work we follow such international approaches and standards:

Management:PMP
Design:ISO 9241-210
Programming:Coding conventions, MDN Web Docs, Naming convention
Python:PEP 8
JS/TS:ECMA, JavaScript Standard Style, Google TypeScript Style Guide, ESLint
PHP:PSR
С#:ReSharper
HTML/CSS:W3C
Security:GDPR
Testing:ISTQB

Technologies

We specialize in specific technologies, with the technology stack chosen based on the project’s purpose and requirements

Programming languages:

Python
Python
Javascript
JavaScript
Java
Java
PHP
PHP
C#
C#

Web / Frameworks:

Django
Django
Fastapi
FastAPI
Spring
Spring
Hibernate
Hibernate
.Net
.NET
Node.js
Node.js
Express
Express
NestJS
NestJS
Laravel
Laravel
Yii
Yii
Symfony
Symfony
React
React
Vue.js
Vue.js
Angular
Angular
Ext JS
Ext JS

Databases / Data storage:

MySQL
MySQL
PostgeSQL
PostgeSQL
MongoDB
MongoDB
Redis
Redis
A. Casandra
A. Casandra
Elasticsearch
Elasticsearch
Amazon RDS
Amazon RDS
Amazon S3
Amazon S3

DevOps Containers:

Docker
Docker
Kubernetes
Kubernetes
AWS ECS/EKS
AWS ECS/EKS

DevOps Automation:

Ansible
Ansible
Chef
Chef

DevOps CI/CD:

GitLab CI/CD
GitLab CI/CD
Jenkins
Jenkins
AWS
AWS

DevOps Monitoring:

Zabbix
Zabbix
Grafana
Grafana

Testing:

Selenium
Selenium
Postman
Postman
Swagger
Swagger
Apache JMeter
Apache JMeter
Cypress
Playwright
Playwright

Clouds:

AWS
AWS
Azure
Azure
Google Cloud
Google Cloud

Results

You can keep accurate records of cost movement
You can manage your finances more efficiently
You can handle customer relationships and contracts better
You avoid inventory challenges
Automated workflows with lower error risk
Simplified tax calculation and compliance
You can control flexible pricing and discounts
You forecast sales and predict expenses
You can manage your accounts receivable more efficiently
Automated EBITDA calculation
Optimized accountant workload
Detailed analytics on goods and departments
Payments take place on time
You can keep track of payments easily

About Us

70+

Employees

Clients

from Fortune 500

5

Locations

27

Countries we serve

82%

Senior experts

200+

Completed projects

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