Accounting software for retailers
Retail accounting software has to turn daily card settlements, cash deposits and supplier payments into books a store owner can trust. Adopt keeps the books and monthly close current, and your team approves every entry.
How retailers handle this today.
Sales settle in pieces. Card deposits arrive net of fees, a day or two after the sale.
Cash and card together. Cash deposits and card settlements have to add up to what the registers say.
Supplier payments never stop. Stock is bought constantly, on different terms.
More than one store. Each store needs its own numbers.
Retail accounting, store by store
Adopt prepares the work in the background. Your team reviews and approves it, and every approval stays on the record.
Connect your accounts
Link bank and card accounts, or upload statements. Adopt starts from your opening balances.
Deposits and purchases coded, with reasons
Card settlements, cash deposits and supplier payments each get a suggested account and the reason behind it.
Review and approve
Approve in bulk or one at a time. Nothing posts until you do.
Close and report
Reconciliations and month-end statements are prepared for you to sign off.
What changes for retailers
Fees on their own lines
Card processing fees are recorded as their own expense, so sales show in full.
Every account tied to the bank
Each bank and card account reconciles to the cent every month.
Stores as separate entities
Stores held in separate entities each keep their own books.
FAQs
It records sales deposits and purchases, reconciles every bank and card account and produces statements for the business. Adopt prepares that work and your team approves it.
Adopt works from your bank and card accounts and from statements you upload. Settlements and deposits are matched to the books from there.
Your team does. Adopt prepares categories, matches and journal entries and shows the reason for each one. Nothing posts until someone on your team approves it.
No. Adopt works on its own. A business without any accounting system can start on Adopt and keep its books there.
More software for retailers
Accounting software for other industries
Store books that tie to the bank.
You approve every entry.
Start free and connect your first account. Adopt works on its own, so you do not need another accounting system to begin.
