Retail Accounting Services

As an independent retail grocer, your Retail Accounting Financials hold the key to optimizing the performance of your operation. Yet, you may lack the staff and technology needed to utilize your financials to their maximum potential. With over 30 years of industry experience and a proven track record, FMS can help you use today's business activities to drive tomorrow's business decisions—and give you peace of mind that your financials are consistently in good order. If you are interested in outsourcing your controllership functionality, our accounting staff is available to provide a range of services including:

• Payroll Services
• Accounts Payable Service
• General Ledger Maintenance
• Web Portal & Financial Drilldown Dashboard

The Suite of FMS’ Retail Accounting Solutions also provide custom decision support reporting including:

• Weekly estimated Profit & Loss by departments, stores and total company
• Daily Cash Flow analysis with complete drill down capability via Treasury Management Dashboard
• Sales and labor reporting by departments and stores
• Transactional reporting
• Management established custom decision-support reporting
• Inventory and shrink control
• Industry Best Practices and Benchmarking

The benefits of an on-site accounting department—without the cost. With FMS' Retail Accounting Services, one way to realize the benefits of Decision Support, you will have the financial information you need to:

• Meet budget requirements. Since the same applications are used for each of our clients, no matter what their size, independents receive all the benefits of the most comprehensive and sophisticated financial applications available in the retail grocery industry—at a price that won't break the budget.
• Improve business management. FMS maintains your financial records from transactions that are captured onto the FMS host computer, via the internet, from your in-store PC. After reconciling accounts and running your reports, we provide real time access to your financial data via the internet, as well as delivery of your reports back to your in-store PC. Before we do, our team of accounting professionals reviews your reports and brings to your attention any problem areas or discrepancies.
• Minimize overhead and eliminate obsolescence. By using FMS' servers for your financial data, you will avoid the cost of having to purchase added server capacity to maintain your financials. You need only maintain your in-store PC, FMS will handle the rest of your financial hardware, software and support requirements. We can even help you automate data collection on your in-store PC, further reducing overhead.

With FMS' Retail Accounting Solutions, your accounting information is much more than an historical record of financial data—it is your primary resource for making more informed business decisions.