Retail Accounting

Retail Accounting news – brought to you by CounterBooks –

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Whitepaper: Retail 2020

We found this great whitepaper from IBM and New York University Stern School of Business on retailing in 2020. In this whitepaper you will learn:Retail 2020 Whitepaper

– How the industry has been affected by the change in shopper behaviour.

– How retail has been shaped by events such as the recession.

– Who will shape the industry in the future and the implications for retailers today.

– Predictions on how retail will look in 2020.


To access the whitepaper visit:



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PRESS RELEASE: CounterBooks Launches Newly Redesigned Interface

CounterBooks' Redesigned Interface

CounterBooks, a leading Online Retail Accounting Management Suite for the fuel, convenience and general retail industry, is pleased to announce today, the launch of the redesigned graphical interface of CounterBooks.

The focus of the redesign has been to improve the user experience from daily reconciliation through to real time reporting. This follows a series of exciting developments at CounterBooks including the introduction of the Retail Management Information System and the Billing Control System.

The same great features and benefits of CounterBooks have been maintained but navigation has improved with fewer clicks, easy to follow navigation (breadcrumbs), dynamic menus and enhanced drill down. The redesign is currently being rolled out to all CounterBooks’ fuel, convenience and general retail clients in the UK and across Europe.

John Roberts, Managing Director, CounterBooks said “Having launched the first cloud based version of CounterBooks in 2003 we started on a redesign in 2013 and I am delighted to be able to roll out the new system to all of our customers this autumn. With over 1000 files and 150 pages to modify, our IT team had their hands full and I’m pleased to say, they did a great job. Enjoyment and accounting systems use probably don’t go hand in hand, but I am sure our customers will love the improvements.”

To learn more about CounterBooks please visit

About CounterBooks
CounterBooks was developed in 2001 – 2002 and launched on 1st January 2003 as the world’s first on-line full ledger accounting system designed specifically for retailers. CounterBooks was originally developed as a Pro-Retail MS DOS system by a frustrated computer-programmer-turned-retailer who struggled with traditional accounting systems which were not developed for retail businesses. His aim was to provide an easy to use system suitable for a retailer with no accountancy experience while still providing full easily understandable data reporting.

For further information about CounterBooks, including case studies, images or interviews, please contact, Laura Shafer – Marketing Assistant:-

Telephone: +44 207 099 1050

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CounterBooks launches Billing Control System at 2014 NACS Insight Convenience Summit – Europe

CounterBooks' retail accounting management suiteCounterBooks, a leading retail accounting management suite for oil companies and convenience retailers, launched the Billing Control System as a new module of the CounterBooks suite at the 2014 NACS Insight Convenience Summit – Europe in London, UK.

The Billing Control System has been developed after working closely with leading brand owners such as major oil companies and convenience retailers, which operate distribution channels such as franchises, dealers and other partnership variations.

John Roberts, managing director, said: “Many brand owners operate complicated and highly multifaceted financial models with their channel partners, which involve thousands of transactions throughout the year. It is business critical for both the brand owners and the channel partners to ensure that all necessary transactions have been executed, on time, to the correct party, for the correct amount, for the correct items under the correct terms. One small error can become highly material if replicated over a large retail network.

“Due to the nature of the deployment of CounterBooks, the database holds both sides of the transaction, which allows CounterBooks to reconcile and match each transaction so that exceptions can be reported for further investigation. We have been working with several brand owners and already identified numerous areas which require enhanced controls within their billing processes and procedures – these initial trials already demonstrate scope for substantial cost savings which would deliver a high return on investment.”

The Billing Control System is an extension of the powerful CounterBooks’ Retail Management Information System, which provides in-depth and accurate management reporting for brand owners across their channel partners to improve performance and manage risk.

To learn more about retail accounting, please visit



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Primary energy consumption in the EU declined to its lowest level in almost two decades


  • The EU’s primary energy consumption declined by 0.3% in 2013 to 1675.9 Mtoe, the lowest level since 1995, with energy intensity (the amount of energy required per unit of GDP) falling by 0.4% to the lowest level on record.
  • Primary energy consumption dropped despite a 13% rise in renewables energy consumption and an 8% rise in hydroelectricity, as these were dwarfed by a 2% drop in fossil fuels and a 1% drop in nuclear generation.
  • Consequently, the share of fossil fuels in the energy mix fell to 77% in 2013, a record low, while renewables reached a record high of 6.6%.
  • The largest increments in renewables was in wind (7 Mtoe, 16%) followed by biomass (3 Mtoe, 9%), then solar (3 Mtoe, 17%) and finally geothermal (0.1 Mtoe, 5%).
  • The EU’s carbon intensity of primary energy declined by 1.3% to 2.3 tonnes of CO2 per tonne of oil equivalent in 2013 as carbon emission dropped by 1.9% to 86.2 Mt.
  • The consumption of all three fossil fuels declined, with oil undergoing the largest decline (13.6 Mtoe, 1.9%) followed by coal (8.1 Mtoe, 2.5%) and then natural gas (5.4 Mtoe, 1.1%).
  • Fossil fuels production also declined in 2013. Oil production fell 4.4 Mtoe (5.8%), natural gas 1.0 Mtoe (0.5%) and coal 13.5 Mtoe (7.9%).
  • With fossil fuel consumption declining faster than production, the EU’s fossil fuel imports fell by 0.6% to 921.6 Mtoe in 2013, the lowest level in a decade.
  • The EU’s natural gas imports continued to shift from LNG towards pipeline with net LNG imports down by 29.7% and net pipeline imports up by 3.7%.
  • The composition of the EU’s natural gas pipeline imports in 2013 reversed much of the shifts seen in 2012; imports from Russia expanded by 19.5%, increasing Russian share of EU’s consumption to 31%, while imports from Norway declined by 4.6% to a share of 23% and North African imports declined by 20% to 6% of consumption.




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Cloud Computing a New Era for Energy Companies

We found a great whitepaper from Accenture which discusses why energy companies should consider cloud computing.

Cloud Computing

In this whitepaper you will learn:

– How the cloud can change the game for energy companies

– About the cloud and production operations

– The cloud and customer engagement

– How BP are leveraging the cloud

– The future of the cloud for energy companies

Download the whitepaper: