Integrated Retail Accounting
Gain real-time insight into sales performance, profitability, and costs across all your channels using Brightpearl’s retail accounting or your preferred accounting system.
Brightpearl’s retail accounting
Real-time financial insight
Key post-purchase operations like inventory, orders, warehousing, and purchasing are managed in Brightpearl, meaning all financial data automatically feeds into your accounting in real time, creating a single source of truth for your financials.
Make informed business decisions
Gain immediate insight into key metrics to enable faster data-driven decisions with the help of customizable dashboards that detail real-time inventory valuation and sales performance by channel, SKU, customer, and more.
Flexible accounting choice
Choose from Brightpearl’s native, real-time accounting platform, or our integrations with major accounting systems like Xero, QuickBooks, Bill.com, and more.
Trusted by merchants
Why Brightpearl
Built for retail
Brightpearl is specifically designed for retail and wholesale businesses, which means you won’t pay for any unnecessary functionality or costly customizations.
Software with service
Our retail consultants accompany you throughout the entire partnership, from project scoping to implementation, offering 24/7 tech support and ongoing business consulting.
Agility at scale
Whether it’s preparing for the holiday rush or responding to sudden market changes or shifting business directions, Brightpearl’s agile operations help you scale with a platform you can build your business on.
Core features of Brightpearl’s retail accounting
Accurate accounting for inventory
Understand the true value of your inventory and your profit margins on goods sold over time, with the FIFO (First-in, First-out) accounting model. Or, decide to account for your COGS at the point of shipment or invoice.
Integrated landed costs
Get a true picture of the total cost of your inventory and profitability across all channels by including landed costs.
Real-time P&L and balance sheet
Whether invoicing an order, taking payment, processing a shipment or receiving goods-in, accounting entries will be created automatically and in real-time.
Multi-currency for international expansion
Buy from overseas suppliers, sell to customers around the world, or bank in any foreign currency, all within one system. Manage your supplier and customer accounts, along with their orders, invoices, payments, and debts in their local currency to maintain financial continuity.
Complete audit trail
Easily navigate between contacts, invoices, payments, and their underpinning journals with each transaction linked to its order or credit in one single system, allowing you to spend less time validating and reconciling data when auditing.
Amazon FBA settlement report mapping
Import Amazon fees and other adjustments to corresponding transactions. Specify the account code for order-related fees and set the default code for other fees and transactions to ensure journal entries are created and mapped accurately.
Reconcile bank accounts
With bank reconciliation functionality and bank activity reporting, stay reassured that every deposit, withdrawal, bank payment, and transfer is accounted for correctly.
Real-time accounts payable and receivable reports
Track accounts payable and receivable in real-time and across multiple currencies. Report on customer/vendor activity, their full financial history, or just outstanding or overdue invoices. Send statements, allocate payments, and monitor credit limits and payment terms, all in one integrated system.
Manage business expenses and overheads
Keep track of general expenses and overheads in order to accurately report on net profit via supplier bills, bank payments, employee expense claims, and journal entries.
VAT returns and sales tax reporting
Depending on your tax scheme, our integrated accounting software either generates VAT returns and EC sales lists, or provides data to report on sales tax.
Pre-built accounting integrations
Our purpose-built integrations with major accounting systems provide you with the freedom to choose the best option for your business. Benefit from real-time sales performance reporting in Brightpearl even when you choose to use a third party accounting software.
Contact us today for a customized demo of Brightpearl
And see how we can help you automate the ordinary and act on the exceptional.
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