Retail and wholesale businesses juggle inventory, supplier payments, sales reconciliation, and staff payroll all at once, while managing the pressure of fluctuating demand and seasonal cycles. When the numbers are not right, the impact is felt immediately.
At East Coast BBS, we help retail and wholesale businesses across the South Coast keep their finances in order, understand their margins, and manage their cash flow through peak periods and quieter stretches alike. Whether you’re a specialty retailer in Nowra, a wholesaler supplying the Shoalhaven region, or a multi-channel business growing toward Wollongong, we have the experience to support you.
What we do
Inventory management support and cost-of-goods tracking
We help you set up and maintain accurate inventory records in your accounting software, with correct cost-of-goods tracking so you always know your true margins on what you sell.
Point-of-sale reconciliation
We reconcile your POS system sales data against your bank records, keeping your revenue records accurate and ensuring every transaction is accounted for across all sales channels.
Supplier invoice management and accounts payable
We manage your supplier invoices and payment scheduling, keeping your accounts payable current, your relationships with suppliers intact, and your cash flow predictable.
Payroll for retail teams
We manage payroll for retail teams of all sizes, including casual and part-time staff under the General Retail Industry Award. We stay across rate changes so your payroll is always compliant.
BAS preparation and lodgement
As registered BAS agents, we prepare and lodge your Business Activity Statements accurately and on time. We receive a four-week extension on lodgements and payments.
Bank reconciliation and financial reporting
We keep your accounts reconciled and up to date, and prepare financial reports that give you a clear picture of performance across your product categories and sales channels.
Cash flow forecasting for seasonal businesses
Many retail businesses across the South Coast experience strong seasonal peaks. We help you build a cash flow forecast that plans ahead for the big periods and keeps you stable through the quieter ones.
Who this is for
- Independent retail stores across the Shoalhaven and South Coast
- Specialty retailers in fashion, homewares, health, outdoor, gifts, and similar categories
- Wholesale and distribution businesses
- Online retailers with a physical presence
- Multi-channel retailers operating across Nowra, Ulladulla, Wollongong, and the South Coast
Why choose East Coast BBS
- Experience with retail-specific financial challenges including POS reconciliation, inventory costing, and seasonal cash flow
- Strong understanding of General Retail Industry Award rates and payroll compliance
- Registered BAS agents ensuring accurate GST reporting across all sales channels
- Cash flow support to manage the gap between trading well and having money in the bank
- Integrated bookkeeping and reporting — clear margins, clear decisions
- Based in South Nowra, serving retail clients across the region in person and remotely
Frequently Asked Questions
Can you work with our point-of-sale system?
Yes. We work with retail businesses using a wide range of POS platforms, including Lightspeed, Square, Shopify, and others. We are experienced in reconciling POS sales data against your bank and accounting records, and where a direct integration exists with Xero or MYOB, we can set that up so the data flows through automatically rather than needing to be entered manually.
Do you help with inventory management as part of the bookkeeping service?
We support inventory management within your accounting software, including setting up correct inventory categories, tracking cost of goods, and ensuring your stock records reconcile with your financials. For businesses that use a separate inventory management system, we can work alongside that system and ensure the financial data flows correctly into your accounts.
We sell online as well as in store. Can you handle both channels?
Yes. Multi-channel retail is increasingly common, and we are set up to handle it. We reconcile income across your physical store and online sales channels, ensure the correct GST treatment is applied to each, and give you a clear picture of how each channel is performing.
Our business has a big seasonal peak. How can you help us prepare for it?
We can build a cash flow forecast that maps your income and outgoings through the year, with your peak trading periods clearly visible. That lets you plan your stock purchasing, staffing decisions, and cash reserves well ahead of the busy season rather than scrambling when it arrives. We can also help you understand what your post-peak cash position is likely to look like so there are no surprises heading into a quieter stretch.
We are thinking about switching bookkeepers. What does that process look like?
We handle the transition from end to end. We start by reviewing your current records and understanding the systems you use, then work with you to take over responsibility in a clean and organised way. We manage communication with your previous bookkeeper where needed and ensure there are no gaps in your compliance obligations during the changeover. Most clients find the process much simpler than they expected.
