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Best retail accounting software

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4.5 stars
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Simplify sales tracking and revenue management

FreshBooks accounting software helps retail businesses easily track sales data, manage revenue, and monitor sales performance. This will help in making data-driven decisions and streamlining financial operations.

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Automate expense tracking for better cost control

FreshBooks automates expense tracking, enabling retailers to monitor costs, identify areas for reduction, and improve profit margins. This leads to better cost control and financial health.  

Manage inventory and supplier payments seamlessly

FreshBooks helps retailers efficiently manage inventory levels, track supplier payments, and streamline the procurement process. This ensures smooth operations and strong supplier relationships.  

Generate real-time financial reports for smart decisions

FreshBooks generates real-time financial reports, providing retailers with valuable insights into their financial performance. This empowers them to make informed decisions and drive business growth.  

Ensure hassle-free tax calculations and compliance

FreshBooks simplifies tax calculations and ensures compliance with tax regulations, reducing the risk of errors and penalties. This helps retailers save time and effort on tax-related tasks.

FreshBooks Accounting Software Testimonial Videos

All the features you will need for your retail accounting software

Automate your retail finances & save time

FreshBooks’ automation features, like recurring invoices, expense tracking, and tax calculations, help retail business owners manage bookkeeping effortlessly. This automation saves time, reduces errors, and streamlines financial management, allowing retailers to focus on growing their business.  

Smart automation to save you time
Invoice Payment Settings

Get paid faster with easy invoicing and payments

FreshBooks simplifies invoicing and payments for retailers with automation, online payment options, and automated reminders. These features help retail business owners get paid faster, reduce late payments, and improve cash flow, making financial management hassle-free. Integrating sales data with FreshBooks helps streamline the payment process, ensuring accurate financial records and more effective payment management.

Track your retail finances in real time

FreshBooks provides retail businesses with real-time updates on income, expenses, and overall financial health. These instant insights eliminate manual tracking, helping retail owners make informed financial decisions with ease.  

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Free vs. FreshBooks accounting software for retail business

Free accounting software might seem attractive to retail businesses due to the low upfront cost, but it often lacks essential features for efficient financial management. These limitations can include inadequate invoicing and expense tracking, limited reporting, and difficulties in scaling as the business grows. 

FreshBooks offers a comprehensive solution tailored for retail businesses, providing features like streamlined invoicing, expense tracking, inventory management, and detailed financial reporting. Unlike free software, FreshBooks is designed to automate tasks, integrate with POS systems, and offer real-time insights into financial performance. This helps retail owners save time, reduce errors, and make informed decisions, supporting business growth and financial stability. You also get secure data storage, support, and integrations.

FreshBooks makes my life so much easier. I wish I had this when I first started my business!”
PAT FLYNN
HOST OF SMART PASSIVE INCOME & ASKPAT 2.0

Why retailers choose FreshBooks. The reviews say it all

Excellent
4.5 stars

Accounting apps & integrations for retailers

FreshBooks integrates with 100+ apps, helping you take control of your retail accounting and customize your FreshBooks experience.

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Support that actually supports you 💙

  • Help From Start to Finish: Our Support team is highly knowledgeable and never transfers you to another department.
  • 4.8/5.0 Star Reviews: Yup, that’s our Support team approval rating across 120,000+ reviews
  • Global Support: We’ve got over 100 Support staff working across North America and Europe
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Accounting software by industry

Feeling stressed by bookkeeping? FreshBooks provides industry-specific accounting software that simplifies finances and improves efficiency, enabling you to concentrate on your core business activities. Explore our industry pages below to discover how FreshBooks can meet all your accounting needs!  

Resources to support retailers


What Is the Invoice Number? Invoicing Basics Explained

Invoice Number: What It Is and How To Generate One


How to Calculate Gross Profit Margin (With Example)

Gross Profit Margin: Formula, Calculation and Example


What is the Retail Method?

What is the Retail Method?


Frequently asked questions

What is the best accounting software for retail?

The best accounting software for the retail industry should streamline financial tasks like invoicing, expense tracking, and inventory management. FreshBooks is a great choice, offering user-friendly features that simplify accounting for retail businesses.

What features should I look for in retail accounting software?

Key features to look for in retail accounting software include the ability to track inventory, inventory management, POS integration, sales tracking, expense management, and reporting. FreshBooks provides these essential tools to help retailers efficiently manage their finances.

Does retail accounting software integrate with POS systems?

Yes, many retail accounting software solutions, including FreshBooks, integrate with POS systems. This integration automates data transfer, providing a seamless flow of information between sales data and accounting records.

How does retail accounting software simplify tax preparation?

Retail accounting software simplifies tax preparation by organizing financial data, tracking expenses, and generating tax reports. FreshBooks helps retailers accurately calculate and file taxes, ensuring compliance and reducing errors.  

Is cloud-based retail accounting software better than desktop versions?

Cloud-based retail accounting software offers greater flexibility, accessibility, and real-time data updates compared to desktop versions. FreshBooks’ cloud-based solution allows retailers to manage their finances from anywhere, at any time.  

Can multiple store locations be managed using retail accounting software?

Yes, FreshBooks enables retailers to manage finances for multiple store locations in one centralized system. This simplifies financial oversight, providing a comprehensive view of the business’s performance across all locations.

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