Bookkeeping and Accounting for Surf Shops
Searching for a bookkeeper and accountant for your surf shop? We handle your books, so you can ride the wave to business success. Sign up today and get a free month of bookkeeping, valued at $299.
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How Bench works with surf shops
Ride the wave of financial clarity with Bench. Get your bookkeeping, income tax prep, and filing handled by our experts—backed by one powerful platform. Bench works flawlessly with surf shops.
We get you set up
Our dedicated team invests time into fully comprehending your surf shop operations, answering any queries you may have, assisting you in connecting your accounts, and demonstrating how Bench can simplify your bookkeeping needs.
We do your bookkeeping
Each month, your dedicated bookkeeper categorizes your surf shop's transactions and prepares detailed financial reports. Should they require any additional information, they’ll reach out to you promptly.
We deliver tax-ready financials
Our team of experts is well-versed in tax laws applicable to surf shops and will tailor their approach to your business' specific requirements.
Here’s why surf shops like you trust Bench with their bookkeeping and accounting
Get fast, unlimited support from our expert advisors
At Bench Accounting, we are dedicated to providing regular updates on your surf shop's bookkeeping needs. If you encounter challenging questions that simply can't wait, rest assured that we will respond within one business day or less.
Guaranteed accuracy in every detail
Our platform enables you to automate data entries from the leading service providers, significantly reducing common errors. We team up with prominent merchants such as Gusto, Stripe, Shopify, and Square—ensuring your surf shop's finances are always spot-on.
See where you’re spending. Make smart decisions
Wave goodbye to towering stacks of receipts and tedious manual tracking—we automate all financial entries directly from your linked accounts. With Bench Accounting, you get a comprehensive view of your surf shop's financial state from one centralized dashboard. It's now easier than ever to understand the health of your business and make strategic decisions to keep riding the wave of success.
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 surf shops
Running a surf shop means facing a wave of unique challenges, including industry-specific taxes, inventory management, and fluctuating seasonal demand. At Bench, we understand the ebbs and flows of your business. We know that in the surf industry, your sales can heavily depend on the time of year and weather conditions, which is why we provide tailor-made bookkeeping services to cater to these unique requirements. With our intuitive software coupled with real, human bookkeepers, we'll keep your financial records current year-round, allowing you to focus on chasing the perfect swell, rather than chasing around invoices.
Our trained experts at Bench are familiar with the specific laws and taxes affecting your profession. For instance, sales tax can become a complex issue with online and physical sales across state lines. We will take care of these complexities, ensuring that your sales tax records are accurately maintained and all applicable taxes are correctly filed. Additionally, we can navigate the inventory challenges, managing and keeping track of your surfboards, wetsuits, and other surf-related merchandise. With Bench, your bookkeeping and tax concerns are handled, bringing you the serenity you seek on the open wave.
Simple, straightforward pricing for everything your business needs.
Join over 25,000 US-based business owners who have streamlined their finances and have grown their businesses with Bench.
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Bookkeeping
billed annually
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billed annually
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billed monthly
Bookkeeping & Tax
billed monthly
Frequently Asked Questions
Accounting services, like those provided by Bench Accounting, can greatly help you manage unpredictable income from your surf shop. With fluctuating seasonal customer volumes, varying weather conditions, and changing surf gear trends, your income can certainly vary.
The role of accounting services is to ensure that you are keeping track of all your income and expenses accurately. These services can predict your monthly incomes based on historical data and seasonal trends, help you budget for leaner months, and guide your major financial decisions. Proper accounting can also provide insights into the profitability of different items in your shop, drive cost-saving measures, and ensure your tax obligations are met correctly and on time.
Therefore, employing reliable accounting services is a wise decision to effectively manage your unpredictable surf shop income and streamline your business finances.
To effectively track inventory and sales in your surf shop, you should implement a few key accounting practices. First, it's integral to use an inventory management system to monitor stock levels and manage cost of goods sold. This system can help you avoid selling out-of-stock items, identify slow-moving products and reduce excess inventory.
Ensure you follow the accrual method of accounting for recording your sales. This method records sales when they are earned, not when the cash is received. You also need to track sales tax if applicable, keeping accounts for payable tax for each sale you make.
Another important practice is integrating your point-of-sale (POS) system with your accounting software. This allows for automatic updates on your inventory levels every time you make a sale. It also provides real-time insights into your financials and simplifies the accounting process.
Finally, regularly perform physical inventory counts and reconciliation to ensure the accuracy of your records. This can help you quickly spot any discrepancies and prevent potential losses or inaccuracies in your financial reports.
A bookkeeper can be instrumental in managing the seasonal fluctuations in income often experienced by surf shops. They do this by providing accurate financial records, analyzing financial performance, and forecasting future revenue and expenses. This aids in budgeting and cash flow management, critical for such seasonal businesses.
During the high season, a bookkeeper ensures that the increased income is correctly accounted for and used effectively for necessary expenditures. During the off-season, they assist in minimizing expenses, managing debts and making the most of the income available.
By working with a bookkeeper, surf shop owners can have a better understanding of their financial situation, allowing them to make informed decisions that enhance their business's longevity and profitability.
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 Surf shops
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, valued at $299.
No credit card required. By clicking ‘Get Started’, I agree to Bench’s Terms & Privacy Policy.