Retail Accounting Software

Brightpearl’s Retail Accounting Software is a powerful, integrated solution designed specifically for omnichannel retailers and wholesalers. It provides real-time financial insights, automates accounting workflows, and supports multi-entity and multi-currency operations. By consolidating financial data across all channels and systems, Brightpearl enables businesses to make faster, smarter decisions and scale with confidence.

Features

• Real-Time Financial Insight: Automatically syncs inventory and sales data into accounting for instant performance visibility.
• Plug & Play Integrations: Seamlessly connects with Sage Intacct, Xero, QuickBooks, and Bill.com.
• Automated Invoicing & Data Entry: Reduces manual bookkeeping tasks and improves accuracy.
• Multi-Brand & Multi-Entity Consolidation: Centralizes operations across brands and entities in one system.
• Next-Level Reporting: Generates custom reports for a 360° view of business performance.
• Flexible Accounting Models: Supports FIFO and COGS accounting at shipment or invoice.
• Integrated Landed Costs: Accurately calculates total inventory costs across channels.
• Multi-Currency Support: Manages international accounts and transactions in local currencies.
• Amazon FBA Reporting: Imports fees and adjustments for accurate reconciliation.
• Accounts Payable & Receivable Tracking: Real-time visibility across currencies and entities.
• Expense Management: Tracks supplier bills, bank payments, and employee claims.
• VAT & Tax Compliance: Supports Making Tax Digital and simplifies tax reporting.

Capabilities

• Automated Journal Entries: Creates accounting entries in real-time for every financial event.
• Multi-Dimensional Reporting: Custom categorization for deep financial analysis.
• Budgeting & Forecasting Tools: Enables “what-if” scenario planning and budget comparisons.
• Multi-Entity Management: Consolidates financials across subsidiaries with native Sage Intacct integration.
• Debt Management: Tracks customer and vendor financial histories, invoices, and payments.
• Banking Integration: Reflects real-time cash flow across all bank and credit card accounts.
• Audit Trail Visibility: Full traceability of financial transactions across the business.

Benefits

• Time Efficiency: Saves hours weekly through automation of repetitive accounting tasks.
• Financial Accuracy: Reduces errors and ensures up-to-date financial records.
• Scalability: Supports growth into new markets and entities without added complexity.
• Improved Decision-Making: Empowers teams with real-time insights and forecasting tools.
• Simplified Compliance: Eases VAT and tax reporting with built-in compatibility.
• Cost Control: Enhances visibility into expenses and profitability across all channels.
• Operational Clarity: Provides a unified view of financial health, enabling proactive management.