Bookkeeping and Accounting for Furniture Stores

Looking for a bookkeeper and accountant for your furniture store? We balance your books, so you have more time to focus on crafting quality furniture pieces. Try us for free.

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How Bench works with furniture stores

Get your bookkeeping, income tax prep, and filing handled by experts—supported by one robust platform. Bench is tailored for furniture stores.

We get you set up

Our professionals dedicate time to thoroughly comprehend your furniture store, respond to your inquiries, assist you in integrating your accounts, and educate you on how Bench functions.

We do your bookkeeping

Every month, your dedicated bookkeeper sorts out your furniture store's transactions and compiles financial statements. Should they require anything further from you, they won't hesitate to reach out.

We deliver tax-ready financials

Our team of specialists understands the tax regulations for furniture stores and will tailor their method to fit your store's distinctive requirements.

Here’s why furniture stores like you trust Bench with their bookkeeping and accounting

Get fast, unlimited support from our expert advisors

We promise to consistently provide you with updates on your bookkeeping. If you run a furniture store and find yourself with urgent queries that just can't be put on hold, rest assured we'll respond to you within a business day or less.

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screenshot of Bench support app

Guaranteed accuracy in every detail

Our platform is designed to seamlessly automate data inputs from most major providers to circumvent typical errors. We've partnered with industry-leading merchants such as Gusto, Stripe, Shopify, and Square to ensure your furniture store's finances are always precise and up-to-date.

See where you’re spending. Make smart decisions

Say goodbye to stacks of invoices and the tedious task of manual financial tracking. At Bench Accounting, we automate inputs directly from your linked accounts. Gain insights from one central hub specifically designed for furniture store operations. Easily comprehend the financial status of your store and make informed, strategic business decisions.

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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

“Bench helped me replace QuickBooks, and save about 6 hours per month of horrible accounting work, which is priceless.”

CHRIS RONZIO

CEO, TRAINUAL
“This is the first year where it’s tax season and I don’t feel anxious one bit.”

DR. BUKKY KOLAWOLE

FOUNDER/EXECUTIVE DIRECTOR, RELATIONSHIP HQ
“Bench has lifted a giant weight off my shoulders and freed up my time so I can focus on earning money and working with clients, meetings and calls.”

HEATHER SHOLL

FOUNDER, THE VILLAGES GYM
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We know bookkeeping for furniture stores

Operating a furniture store involves managing numerous transactions, inventory valuations, returns, and even seasonal sale fluctuations—elements that, if not correctly handled, can lead to bookkeeping challenges. At Bench, we understand the unique bookkeeping needs of your industry. Our intuitive software can accurately track your sales, returns, and inventory, providing you with in-depth financial insights into your business. Our human bookkeepers assist in recording transactions, managing your books accurately, and freeing you from the cumbersome task of sorting through numerous furniture receipts and tallying end-of-day sales, allowing you more time to focus on growing your business.

In addition to bookkeeping, Bench is well-equipped to assist you with industry-specific taxes, and laws affecting furniture stores. Are you aware of the different sales tax rates that apply to your products, or how interstate sales affect your tax obligations? Our team of experts stay up-to-date with nuances of sales tax for furniture stores, ensuring that your business remains compliant. For instance, we understand how excise duties affect your imported goods, how to handle Value Added Tax, and property tax issues related to your store location and warehouse. At Bench, we aim to revolutionize bookkeeping and tax compliance for small businesses, providing a level of service that’s never been done before.

Simple, straightforward pricing for everything your business needs.

Get bookkeeping, tax prep, advisory, and filing with Bench's powerful, easy-to-use platform.

Choose Plan

Essential

Best for those looking for peace of mind and accurate financials done by professional bookkeepers.
$249/mo

billed annually

Dedicated bookkeeping experts
Accurate monthly books and year-end tax-ready financial packages
P&L, balance sheet and 1099 reporting
Unlimited communication with your bookkeeping team

Premium

Best for those looking for an all-in-one bookkeeping, tax advisory and income tax filing service.
$399/mo

billed annually

Everything in Essential plan
Dedicated team of licensed tax professionals to file your income tax return on time
Annual income tax filing for businesses (partnerships, S corps, C corps)
Annual income tax filing for individuals (sole proprietors, contractors)

Essential

Best for those looking for peace of mind and accurate financials done by professional bookkeepers.
$299/mo

billed monthly

Dedicated bookkeeping experts
Accurate monthly books and year-end tax-ready financial packages
P&L, balance sheet and 1099 reporting
Unlimited communication with your bookkeeping team

Premium

Best for those looking for an all-in-one bookkeeping, tax advisory and income tax filing service.
$499/mo

billed monthly

Everything in Essential plan
Dedicated team of licensed tax professionals to file your income tax return on time
Annual income tax filing for businesses (partnerships, S corps, C corps)
Annual income tax filing for individuals (sole proprietors, contractors)

Frequently Asked Questions

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How can Bench Accounting help in managing the inventory accounting for my furniture store?

Bench Accounting provides comprehensive bookkeeping services that are ideal for managing inventory accounting for businesses like furniture stores. Our team of skilled bookkeepers ensures accurate tracking of your inventory, recording of sales, and management of cost of goods sold. This not only helps in maintaining precise financial records but also assists in understanding the business's profitability. Furthermore, we use advanced software tools that can seamlessly sync with your inventory management systems, providing real-time updates and eliminating the possibility of errors or discrepancies.

In addition to inventory accounting, our services also include income statement generation, balance sheet reports, unlimited consultations, tax filing assistance, and more. By entrusting your bookkeeping to Bench, you can focus more on the core aspects of your business while having confidence in your financial management.

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What tax write-offs can I claim as a furniture store owner?

As a furniture store owner, there might be several tax write-offs available for you. The following cannot be assumed as comprehensive but they generally apply:

  • Purchase of Inventory: The cost of purchasing furniture, either to sell or use in your store, is usually completely tax-deductible.
  • Advertising and Promotion: The cost of advertising and promoting your business is often tax-deductible.
  • Rent and Utilities: If you are renting a space for storing or showcasing your inventory, the rent may be tax-deductible. Also, the cost of utilities like electricity and water used in your premises can be written off.
  • Insurance: Any commercial insurance purchased for your furniture store can be written off.
  • Equipment and Supplies: Any equipment purchased for use in the store, like computing systems, software, or furniture cleaning supplies, can usually be deducted.

Please consult with a tax advisor or a Bench bookkeeper to ensure that you claim all deductions you’re entitled to.

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Can Bench help to navigate revenue tracking for both in-store and online furniture sales?

Yes, Bench certainly can help navigate revenue tracking for both in-store and online furniture sales. Our team of expert bookkeepers are well-versed in managing and organizing finances across multiple sales channels. This includes the accurate allocation and tracking of expenses and revenues to give you a clear understanding of your business performance no matter where your sales come from.

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Does Bench outsource bookkeeping?

Nope! All bookkeeping is completed in-house.

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Will I have one point of contact?

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.

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How much time each month will I have to spend managing my Bench account?

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 Furniture stores

Sign up for a Bench trial, and get one month free. If you decide to go with us, we’ll take bookkeeping off your plate—for good.

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No credit card required. By clicking ‘Start a Free Trial’, I agree to Bench’s Terms & Privacy Policy.