Trade Accounting

Shops, online stores, wholesalers, and boutiques. Or practically any company that trades in goods – Talenom’s trade team possesses specialist expertise in these fields.

We know the ins and outs of trade

As an entrepreneur, you do not have to do everything alone; Talenom’s specialists can help you deal with everyday surprises. We know the special characteristics of the trade sector, so we are easy to work with.

Sectors we serve

Foreign trade and wholesaling

The complexity of VAT practices and Intrastat declarations can cause headaches for companies seeking international expansion. Did you know that you might be able reclaim the VAT on some foreign purchases?

Retail

Most retail stores these days have automated systems for recording sales, inventory values and payroll information. But do you know how many customers you need to keep making a profit at your current sales margins? Let Talenom’s experts work it out for you.

E-commerce

E-commerce is a world of its own. What you need is a system that tracks your sales to manage your stock and analyses your customers to make running your business smoother. Reports make life easier for both you and your financial management specialist.

Trade is where the profit is

The most important part of the trade business is sales. You can focus on your customers and business while we take care of your financial management. Sometimes you need to take a cold, hard look at your business and decide which parts are profitable and which direction you should head in. Do you know which of your customers are the most profitable for you? Real-time bookkeeping and cost centre monitoring reinforce your knowledge of how your business is doing.

Our strengths

Value-added tax

Whether you are selling to enterprises or consumers, we will ensure you apply the correct value-added tax rates and submit your returns on time

Salaries

Do you know how supplements, absences, or unusual situations can affect your employees’ remuneration? Don’t worry – we can help!

Gross margin monitoring

Accrual accounting at interim financial statement standards requires advance payments and inventories to be treated correctly each month. We will work together to bring your gross margin monitoring up to date

Reporting

Together, we will ensure business profitability and informative monitoring

Business planning

We have regular meetings to ensure that business planning focuses on the company’s finances

Inventory

You do not want to tie up too much of your money in inventory. We will discuss a sensible inventory size with you

We have a holistic understanding of the trade sector

We know the legal requirements and best practices for foreign trade. We produce different levels of financial reporting, from branch figures to the performance of individual salespeople. We understand the special characteristics of the industry and offer business-oriented financial guidance covering gross margins, opening hours, inventory levels, and market seasons.

Whatever policy you choose for remuneration for your personnel, we have the knowledge to handle unusual situations caused by absences, vacations, and public holidays. We monitor the industry’s collective agreement, take care of general pay rises, and advise on specific issues related to collective agreements if necessary.