We’ll ensure your general ledger is accurate and up to date with information posted from all activities of your operation including point of sale, inventory, and back-office processes to help you balance and reconcile your finances. We’ll also keep timely schedules of any loans, merchant loans, fixed assets and equipment you may have on the books.  Time and date stamps enable precise auditing to ensure all accounting is secure and reliable.

Accounts Payable efficiently manages vendor purchase orders, invoicing, payments, discounts, customer refunds, and all monies due from a single entry screen.  Beachwood Financial will help track and manage Accounts Payable in order to help you monitor inventory costs, enter vendor invoices, issue checks, and pay individual vendor invoices.  As always, we’ll make sure all checks and payments are accounted for and reconciled in your bank and credit card statements.

Accounts Receivable manages all monies owed including customer transactions, deposits, payments, credits, outstanding gift certificates, and more. Beachwood Financial will assist you in streamlining the AR process allowing you to easily process fund adjustments, transfers, refunds, non-sufficient funds, bad debt, and write off in-store finance payments.  We then make sure all sales and closed orders are accurately tracked and accounted for.

There are advantages to using integrated accounting that can help your business achieve efficiency and accuracy. Leading solutions update your receivables, payables, and general ledger automatically based on the transactional data you capture at the POS without any duplicate entry.

Effective inventory management is an integral part of any home and outdoor furnishings retailer’s success. Beachwood Financial enables your business to gain better control of your furniture store inventory. Our inventory management accounting services saves you time and manual effort while improving furniture inventory accuracy.  Be sure your inventory is being properly costed out.  Be able to track shrinkage and be sure your inventory is accurate and up to date on the books.