{"id":102,"date":"2019-06-24T15:29:01","date_gmt":"2019-06-24T14:29:01","guid":{"rendered":"https:\/\/www.retailsystem.com\/uk\/?page_id=102"},"modified":"2019-11-06T09:47:40","modified_gmt":"2019-11-06T09:47:40","slug":"accountsmodule","status":"publish","type":"page","link":"https:\/\/www.retailsystem.com\/uk\/features\/accountsmodule\/","title":{"rendered":"AccountsModule"},"content":{"rendered":"\r\n
Accounting & Financials<\/h6>\r\n

RetailSystem puts your finger firmly on the pulse of your business and makes it easier to maintain financial control than ever before, with access to crucial data and reports in just one click.<\/h4>\r\n

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AccountsModule is the new accounting package powered by RetailSystem – the multi-award winning EPOS designed specifically for furniture and bed retailers.<\/h4>\r\n

Supplier invoice entry is so straightforward and allows matching of purchase orders and traceability. Costings can also be changed retrospectively to allow for special discounts, changes in landed cost, carriage charges etc. giving up to the minute margin reporting and accurate stock valuation.<\/p>\r\n

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The Benefits<\/h6>\r\n

One click reporting<\/h4>\r\n

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.<\/p>\r\n

Invoice matching<\/h4>\r\n

Invoiced sales figures are at your fingertips, making HMRC compliant tax and VAT reporting that much easier, while simple supplier invoice entry matches purchase orders and provides full traceability.<\/p>\r\n

Invoiced sale reports<\/h4>\r\n

RetailSystem fully integrates with Twinfield\u2019s 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.<\/p>\r\n

More Financial Control<\/h6>\r\n

Real-time postings<\/h4>\r\n

Increase the visibility of all your sales, prepayments, supplier invoices, taking, and payment details with AccountsModule.<\/p>\r\n

Real-time stock control<\/h4>\r\n

Gain insights with accurate monthly stock movement figures and real-time stock control figures.<\/p>\r\n

Making Tax Digital compatible<\/h4>\r\n

Integrate your VAT projections and returns with one key upload to HMRC, which complies with the new MTD regulations from April 2019.<\/p>\r\n

Access anywhere<\/h4>\r\n

With no equipment to install, maintain or update, the cloud-based system allows access via any web connected device.\r\n\t\t

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Testimonials<\/h6>\r\n\t\t\t\t\t\r\n\t\t\t\t\t

\u201cUsing RetailSystem with AccountsModule means I haven\u2019t had to employ another member of staff as our business has grown\u201d<\/h4>\r\n\t\t\t\t\t
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James Hummerston, Company Accountant FW Homestores<\/h5>\r\n\t\t\t\t\t<\/div>\r\n\r\n\r\n\r\n\t\t\t\t<\/div>\r\n\t\t\t\r\n\t\t<\/div>\r\n\r\n\r\n\t\t<\/p>\r\n
Fully Integrated Online Accounting<\/h6>\r\n

RetailSystem is fully integrated with Wolters Kluwer Twinfield Accounts Package.<\/h4>\r\n

Seamless transfer of critical information equals huge saving in accounting and bookkeeping functions and efforts!<\/p>\r\n

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.<\/p>\r\n