Accounting & Financials

More Time. Control. Profit

Accounting & Financials

You always want to keep your finger on the financial pulse of your business, but Retailsystem makes it easier to maintain control than ever before.

With active monitoring, key indicators such as debtors reports, creditor reports, order book, bad debt, stock & petty cash are only a click away, as is invoiced sales reporting for easier tax or v.a.t. return entry.

Supplier invoice entry is so straightforward and allows matching of purchase orders and trace ability. Costings can also be changed retrospectively to allow for special discounts, changes in landed cost, freight charges etc. giving up to the minute margin reporting and accurate stock valuation.

Retailsystem fully integrates with Twinfield’s cloud-based accounts package, which will allow you to take control of your end to end accounting without the time-consuming manual entry of other systems. This provides you with all of the features you would expect; such as online bank statement reconciliation, HMRC compliant v.a.t. returns, P&L & balance sheet.

  • One click reporting
  • Invoice matching
  • Live order book
  • Live pre-payments
  • Integrated with Wolters Kluwer Tiwnfield
  • Real-time business financial intelligence

Learn more about Retailsystem

“Using Retailsystem with Twinfield means I haven’t had to employ another member of staff as our business has grown”

James Hummerston Company Accountant FW Homestores

One Click Reporting

Information instantly available

Invoice Matching

Confirmation of purchase order price match and real – not book margin

Invoiced Sale Reports

Easier v.a.t. return entry

Twinfield Integration

Real-time link to accounts package

Fully Integrated Online Accounting

Retailsystem is fully integrated with Wolters Kluwer Twinfield Accounts Package. Seamless transfer of critical information equals huge saving in accounting and bookkeeping functions and efforts!

Wolters Kluwer is a market leading company, with revenues of $4.4 billion, and a rich 181-year heritage operating in the industry. Their products combine their rich experience with expertise and passion for technology to create future proofed, end-to end solutions for their customers.