Retail Accounting
Retailers collect and remit sales tax, carry inventory, and often have seasonal swings in staffing and sales. McNeel CPA prepares the recurring filings and maintains the records retail owners need through those cycles.
Looking for more detail? See our full retail accounting page.
- Sales tax collection across taxable and exempt categories
- Inventory that has to be tracked and valued
- Seasonal staffing changes affecting payroll
- Multiple sales channels reporting separately
- Register and deposit totals that must reconcile
- Prepare recurring sales tax returns from your sales records
- Reconcile sales channels and deposits to the books
- Process payroll through seasonal staffing changes where the firm can assist
- Maintain books that reflect inventory activity
- Prepare business income tax returns for the entity
- Prepare period statements showing results by period
Availability and limitations
Availability depends on the state, filing requirement, registration status, and scope of services requested. Contact McNeel CPA to determine whether the firm can assist.
McNeel CPA has two physical Mississippi offices. Philadelphia accepts walk-ins during regular business hours. Louisville is available by appointment only — call 662-773-8289 before traveling.
Pricing
Pricing varies based on the forms involved, number and type of entities, condition of the records, filing history, payroll size, bookkeeping volume, state requirements, and level of assistance requested. A final quote is provided after review.
Frequently asked questions
Can you help with exempt sales categories?
We can review the categories you sell and how they have been treated, based on the records you provide and the requirements that apply to your registration.
Do you work with online sales channels?
Bring the reports your channels produce and we will review them. Filing requirements outside Mississippi depend on the state and registration status.
How is inventory handled?
Inventory activity is recorded from the records you provide. We will explain what detail is needed for the periods being maintained.