Bookkeeping and Accounting for Pet Supply Stores
Seeking a competent bookkeeper for your pet supply store? Bench Accounting handles your books, freeing up your time to focus on providing for your furry customers. Sign up today and get a free month of bookkeeping, valued at $299.
No credit card required. By clicking ‘Get Started’, I agree to Bench’s Terms & Privacy Policy.
How Bench works with pet supply stores
Enjoy seamless bookkeeping, income tax prep, and filing done by experts—supported by one powerful platform. Bench works hand in paw with pet supply stores.
We get you set up
Our team invests the effort to thoroughly comprehend your pet supply store, address your inquiries, assist you in connecting your accounts, and demonstrate how Bench can work seamlessly with your business.
We do your bookkeeping
Every month, your dedicated bookkeeper arranges your pet supply store's financial transactions and readies the necessary financial statements. Should they require any further details from you, they’ll reach out promptly.
We deliver tax-ready financials
Our squad of experts is adept with the tax norms related to pet supply businesses and will tailor their strategies to your store’s distinct requirements.
Here’s why pet supply stores like you trust Bench with their bookkeeping and accounting
Get fast, unlimited support from our expert advisors
We make it a habit to consistently provide your pet supply store with bookkeeping updates. Got urgent inquiries that need immediate attention? Rest assured, we'll respond to you within one business day or even less.
Guaranteed accuracy in every detail
Our platform brings automation to your bookkeeping, seamlessly integrating data from leading services to prevent costly errors. We partner with industry giants such as Gusto, Stripe, Shopify, and Square, ensuring your pet supply store's finances are always spot on.
See where you’re spending. Make smart decisions
Say farewell to towering stacks of receipts and tedious manual bookkeeping—we streamline inputs directly from your connected accounts. Gain insights from one central dashboard so you can effortlessly comprehend the financial health of your pet supply store and make informed strategic decisions.
Bench integrates with your favorite small business tools
We sync seamlessly with your financial accounts and tools to keep your books up-to-date and save you the time and effort of manually uploading documents.
Trusted by 25,000+ American small business owners
CHRIS RONZIO
DR. BUKKY KOLAWOLE
HEATHER SHOLL
We know bookkeeping for pet supply stores
Bench Accounting understands the unique needs of pet supply stores that requires specialized bookkeeping considerations. From tracking inventory, sales, and expenses; managing supplier invoices to dealing with returns and exchanges; pet supply store owners have their hands full. Coupled with industry-specific taxes such as sales tax collection on goods sold, and the necessity to accurately record profits and losses, such businesses need a bookkeeping service that understands their challenges. That's where Bench steps in. We not only handle all your bookkeeping needs, but our expert team is also well-versed in the specific laws and taxes relating to your industry, ensuring that your store stays compliant and organized throughout the year.
With Bench, you can get back to focusing on what matters most: providing top-quality products for pets and their owners. Our smart software and dedicated bookkeeping team will streamline all your financial processes. We tackle common bookkeeping issues in the pet supply industry head-on, like managing the complexities of inventory accounting and providing a clear picture of your store’s financial health. Whether it's preparing for tax season or dealing with day-to-day financial management, Bench is here to make sure your bookkeeping is stress-free and accurate. We've honed a unique method that pairs user-friendly software with real human expertise, ensuring that your pet supply store has the very best in bookkeeping services.
Simple, straightforward pricing for everything your business needs.
Join over 35,000 US-based business owners who have streamlined their finances and have grown their businesses with Bench.
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Frequently Asked Questions
The unique tax considerations for a pet supply store mainly hinge on the specifics of the business operation. Some of these may include:
<ul><li>Sales Tax: If you sell physical products, you may be required to collect and submit sales tax. The specifics of this tax vary by state and local regulations.</li><li>Inventory: The cost of goods sold and inventory can have major tax implications. It is important to correctly calculate these costs.</li><li>Home Office: If part or all of your pet supply store is operated from your home, you may be eligible for home office deductions.</li><li>Employee-related Taxes: If you have employees, there are various taxes associated with this including payroll, Social Security, Medicare, and unemployment taxes.</li></li>Vehicle Expenses: If you use a vehicle for your business, like making deliveries or trips to pick up supplies, you may be able to deduct these expenses.</li></ul>
Keeping accurate records and understanding industry-specific deductions are key elements in reducing your tax liability. A professional bookkeeper with experience in pet supply retail can assist in navigating these considerations.
<b>How can bookkeeping help manage the inventory of my pet supply store more efficiently?</b>
Proper bookkeeping can greatly increase the efficiency of your pet supply store's inventory management. Bookkeeping services take charge of the recording, analysis, and interpretation of financial transactions. This gives you an accurate account of your inventory, sales, purchases, and expenses, thereby preventing any surplus or shortage scenarios. This means you can make informed decisions about when to re-stock certain items and how much to order. By increasing accuracy and reducing the chances of human error, bookkeeping can streamline your inventory processes, saving time and potentially reducing costs.
Yes, Bench Accounting can definitely aid in understanding financial trends unique to the pet supply industry. Our team of expert bookkeepers are experienced in various industries, including the pet supply sector. We use sophisticated tools and customized reports to analyze your business data and provide insights into the financial trends and indicators that matter most to your specific industry.
Nope! All bookkeeping is completed in-house.
Your bookkeeper will be your main point of contact, but at times you might hear from another member of your team. This is usually when your bookkeeper goes on vacation, is sick, or otherwise unavailable.
We handle the bookkeeping for you but sometimes we’ll need your input, especially at year-end. On average, expect to spend 15 minutes each month answering questions for your bookkeeper, or uploading supporting docs.
Bookkeeping Services for Pet supply stores
Discover how we can help you have better finances with a personalized demo from a Bench expert, ready to answer all your questions. Sign up as a customer today and get a free month of bookkeeping.
No credit card required. By clicking ‘Get Started’, I agree to Bench’s Terms & Privacy Policy.