At Better Bookkeeping for Business, we go beyond basic recordkeeping. Our tailored approach ensures that your inventory system supports your long-term business goals.
Here’s how we help:
1. Inventory Setup & Software Integration
We set up or refine your accounting software (Xero, MYOB, or QuickBooks) to ensure it accurately manages your stock. This includes customising stock categories, item codes, and valuation methods.
2. Ongoing Inventory Tracking
Our team tracks purchases, sales, returns, and stock movements in real time, so you never lose sight of your inventory.
3. Product Costing & Profitability
We calculate true product costs by including not just purchase prices but also freight, handling, and other expenses. This allows you to make data-driven pricing decisions.
4. Stock Reconciliation
We regularly reconcile your physical stock counts with accounting records to identify discrepancies, theft, or wastage.
5. Reporting & Insights
We provide clear, customised inventory reports that highlight your best-selling products, slow-moving items, and seasonal trends. This helps you make smarter buying and selling decisions.