Retail Accounting

Retail Accounting news – brought to you by CounterBooks – www.counterbooks.com


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PRESS RELEASE: CounterBooks was shortlisted for the Association of Convenience Stores’ “Technology Showcase” event

CounterBooks, a leading Online Retail Accounting Management Suite for the fuel, convenience and general retail industry, is delighted to announce that they were shortlisted and presented at the Association of Convenience Stores’ “Technology Showcase” in Westminster, London.

The “Technology Showcase” was part of the Association of Convenience Stores’ ‘Heart of the Community Conference 2014’ which attracted convenience retailers, Members of Parliament and ministers from across the country who discussed various issues faced by the convenience industry.

Along with four other innovative technology suppliers, CounterBooks shared how it uses cutting edge technology to assist convenience retailers to reduce cost, improve performance and manage risk. The audience included members of the Association of Convenience Stores’ Independent Board and other highly experienced and knowledgeable convenience retailers.

The CounterBooks' Story

John Roberts, Managing Director, CounterBooks said ‘We were delighted to have been shortlisted for the “Technology Showcase”. The event was a great opportunity for convenience retailers and suppliers to discuss how to utilise technology. We really enjoyed contributing to the discussion.’

ACS Chief Executive James Lowman said: ‘Our Technology Showcase is a great opportunity for retailers and suppliers to share new ideas that are being developed for the convenience sector. We are delighted that CounterBooks was part of the event and able to share their innovations with those in attendance.’

To learn more about CounterBooks please visit www.CounterBooks.com

About CounterBooks

CounterBooks was developed in 2001 and launched on 1st January 2003 as the world’s first online full ledger accounting management suite designed specifically for retailers. It was originally developed 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) 0207 099 1050

Email: lshafer@counterbooks.com

Website: http://www.counterbooks.com

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PRESS RELEASE: CounterBooks and RCS Announce Partnership

PRESS RELEASE
CounterBooks and RCS (Retail Consulting Services) Announce Partnership
Experts in fuel and convenience retail accounting

CounterBooks, a leading online retail accounting management suite for the fuel and convenience industry, announced today that it is partnering with RCS. RCS is one of the UK’s leading accountancy service providers to the fuel and convenience industry. This partnership brings two market leading firms together, who are committed to helping fuel and convenience retailers thrive across the UK.

RCS has a nationwide team of senior accountants with extensive industry experience who cover the length and breadth of the UK, from Scotland to the Channel Islands. The CounterBooks’ cloud based system allows for improved communication and collaboration between RCS and their clients, as the system can be accessed from anywhere with an internet enabled device such as a laptop, tablet or mobile phone. This reinforces RCS’s focus on developing meaningful relationships with their clients which plays a crucial role in helping to improve the retailer’s performance.

CounterBooks’ online retail accounting management suite strongly supports RCS’s value of improving retailer performance. This is implemented through automating the accounting process (EPOS and electronic invoices) and in providing accurate, business specific and real time reporting. These features allow retailers, with the support of RCS, to make informed decisions, thereby driving the performance of their fuel and convenience businesses.

This cooperation will offer fuel and convenience retailers the combined benefit of a local and highly experienced retail accountant with immediate online access to the CounterBooks’ market leading retail accounting management suite which is specifically designed for fuel and convenience retailers.

John Roberts, Managing Director, CounterBooks said ‘We are very excited about our partnership with RCS and look forward to working with them to support fuel and convenience retailers in improving business performance. Our first joint project includes an interface from the Micros Prism 2 BOS and I am sure this will be the first of many that we will do together.’

Mark Royle, RCS said “We are delighted to form this collaboration with Counterbooks. Quality Information is key to the successful retail operation and with the seamless flow of data from EPOS through to the Accounting System helps to make this information available in a timely fashion and leaves the retailer free for operational decisions. CounterBooks together with the expert accounting knowledge of RCS can only add value to a business”

To learn more about CounterBooks and RCS, please visit www.counterbooks.com and http://www.retailaccountants.co.uk/counterbooks.html.

About RCS
Retail Consulting Services (RCS) are one of the UK’s leading accountant consultancy service providers to the forecourt, convenience and hospitality sectors. RCS work with owners, operators (such as HKS Retail Limited) and EPOS companies in fuel and convenience retail. They provide accounting and consultancy services across the UK and help clients to manage a seamless flow of information from EPOS through to the accounting system.

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. Last month, Counterbooks was shortlisted in The Association of Convenience Stores Technology Showcase.

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

Telephone: +44 207 099 1050
Email: lshafer@CounterBooks.com
Website: http://www.counterbooks.com


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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 www.counterbooks.com

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
Email: lshafer@CounterBooks.com
Website: http://www.counterbooks.com


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Retail multi-site compliance & control

d&t and CounterBooks provide retail networks with a complete accounting and online system service.

Multi-site retailers are set to benefit from a recent affiliation between two established market leaders, CounterBooks and d&t Chartered Accountants. Providing a tailored retail accounting service and online system for each site within a network allows the head office to benchmark to better assign support to those who are underperforming against the network averages.

By putting all sites in a network on the same system ensures compliance whilst reduces the costs associated with the system, training and support. Examples of brands who have already benefited from CounterBooks include; the Post Office, Esso, BP, Shell, Esquires Coffee Houses and Scottish & Newcastle. d&t have been appointed as the network accountants by over 75 UK franchisors, with brands including; Café2U, MacTools, Snack in the Box and Dyno (Dyno-Rod).

Carl Reader, director at d&t commented, “We have created a modular approach that allows each network to have the right package of accounting and bookkeeping services for their franchisees or outlets. The services are bundled into a fixed monthly fee with a 100% satisfaction money back guarantee.”

The transition of a retail multi-site or franchise network to a shared system for both their accounting and bookkeeping can take a mix of time and careful presentation. Because the business models are already templated it makes perfect sense for all the systems to be shared by the network as well. Integrating new sites is the most simple as they can be setup with the network approved system. Established sites with a mix of providers and systems often need more convincing of the benefits, although this is an area the teams are used to dealing with and they find education and demonstration to the be the best solution.

“Both organisations have worked informally together for years so it made complete sense to work more closely and provide a joined up accounting and systems solution for multi-site retailers and franchise networks,” commented Alex King CounterBooks Commercial Director.

 


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Park Garage Group Implements CounterBooks

CounterBooks

Press Release

CounterBooks, a leading retail accounting management suite for forecourt, convenience, hospitality retail businesses, today announced that it is implementing CounterBooks across Park Garage Group’s (PGG) petrol station commission-operator network.

The commission-operators within the network will use the CounterBooks’ online general ledger accounting system to control their businesses.  The easy to use accounting system is hosted securely online and with petrol retail specific reports it quickly helps the commission-operator understand how their station is performing against plan. The commission-operator will also benefit from lower costs, save time and improve the accuracy of the data by integrating with the other forecourt systems.

The management team at Park Garage Group will use the CounterBooks’ online management information system which provides total transparency and control across their network. Whether it is an individual station, region or network, there are real time reports which allow the user to drill down to the underlying data, standardised reports, consolidated reports and full data analysis functionality to allow total financial control.

CounterBooks will provide accurate, comparative and real time information which allows informed decisions to be made by the management of Park Garage Group. This will allow Park Garage Group to drive performance and manage risk whilst continuing to innovate as a leading independent fuel and convenience store retailer.

Park Garage Group joins other petrol convenience store retailers such as Shell, BP and Esso all of which are satisfied users of CounterBooks.

Sunil Tandon, Managing Director, Park Garage Group said ‘Through our commission operators using CounterBooks, we are already seeing the tangible benefits. We have full transparency of the network at anytime from anywhere. This allows us to support our  operators while having control over business critical issues.”

Miles Harvey, Operations Director, Park Garage Group said ‘Over the past 6 months we have worked closely with the CounterBooks team who have been very supportive and helpful in implementing the changes.’

John Roberts, Managing Director, CounterBooks commented, ‘We were delighted when an excellent independent operator like Park Garage Group selected CounterBooks last year and have enjoyed working with Miles and his team on the implementation’.

To learn more about retail accounting please visit www.counterbooks.com

About CounterBooks

CounterBooks was developed in 2001 – 2 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

Email: lshafer@CounterBooks.com

Website: http://www.counterbooks.com


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CounterBooks Announces Richard Kingston as IT Director

CounterBooksCounterBooks expands its leadership team as it establishes itself within convenience, hospitality and general retail markets.

From an idea in 2000 that the internet would transform the way businesses accessed their accounting systems, CounterBooks has developed from an MS DOS system used by single site petrol stations into an online accounting and management information system used by retail operations with thousands of outlets.  CounterBooks was historically focussed on the petrol station forecourt industry and clients today include many major oil companies across Europe. However over the past 12 months, CounterBooks has been selected as the online retail accounting management system for a range of retail businesses, including a large hair salon franchise and a convenience retailer, off-licence and post office group, which clearly demonstrates the value of CounterBooks to other retail businesses in the convenience, hospitality, and general retail markets.

Richard Kingston

Richard Kingston, IT Director, CounterBooks

This exciting expansion requires further system developments, which fall under the responsibility of recently appointed IT Director, Richard Kingston. Richard joined the team in 2003 and has seen CounterBooks grow and develop in functionality including retail systems integrations, data import processes and working with partners which include Wincor Nixdorf, The Retail Data Partnership, EPOS Freedom, IBM, VMware, Northdoor and Hansecom Informations Technologie amongst others.

“From my first role of helping overcome the technical obstacles that we faced on a daily basis as CounterBooks was rolled out to its first customers, to my current role of overseeing the ongoing development and expansion of our systems, working for CounterBooks has often been a challenge, but has always been hugely rewarding.  It is a pleasure to work with such a great team of people and I am really looking forward to the exciting opportunities that we expect the future to bring.”

“Over his 10 years with us Richard has made an enormous contribution to the development of CounterBooks and surrounding infrastructure and I am delighted to welcome him onto the Board. The next few years are going to be equally exciting and I am sure Richard will rise to whatever challenges are presented to him. ” John Roberts  Managing Director, CounterBooks.

CounterBooks delivers real benefits including, reduced costs, improved performance, and greater risk management. Congratulations to Richard for becoming director and developing CounterBooks for the 21st Century.

About CounterBooks

CounterBooks was developed in 2001 – 2 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.

CounterBooks is the trading name for CV Retail Ltd.