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Integrated Retail Accounting

Gain real-time insight into sales performance, profitability, and costs across all your channels using Wxora’s retail accounting or your preferred accounting system.

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Wxora's retail accounting

Real-time financial insight
Key post-purchase operations like inventory, orders, warehousing, and purchasing are managed in Brightpearl, meaning all financial data automatically feeds into your accounting in real time, creating a single source of truth for your financials.
Make informed business decisions
Gain immediate insight into key metrics to enable faster data-driven decisions with the help of customizable dashboards that detail real-time inventory valuation and sales performance by channel, SKU, customer, and more.
Flexible accounting choice
Choose from Brightpearl’s native, real-time accounting platform, or our integrations with major accounting systems like Xero, QuickBooks, Bill.com, and more.

Trusted By Merchants

"Compared to the accounting system we had before, Wxora has absolutely been a huge step forward. You can audit everything, and anything that happens across the business, all in one place."
Aya Kamil
Business Development - Yummylooks.com
"Before Wxora, we didn’t have an accurate picture of our financials until after month end. Now, we can look at any point in time and get an accurate picture of our consolidated sales results."
Salah Mamdouh
Head of Ecommerce - Mevolv
"Wxora ERPNEXT is a really strong platform, particularly for inventory management and accounting. It gives me the ability to oversee the entire business. It’s easy to use and everyone working in the business knows how to use Wxora to streamline their workflows."
Emilia Clarke
Owner - Cupcakes Feast

Why Wxora

5/5
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Customized For Retail

Wxora team understands the retail needs and specifically design and customize all your ERP requirements for retail and wholesale businesses, which means you won’t pay for any unnecessary functionality or costly customizations.

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Software with service

Service is an integral part of working with Wxora. Our retail consultants get you up and running in 1/3 of the time it takes ERP, and always for a fixed cost. Our in-house team stays with you throughout – from tech support to ongoing business consulting.

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Agility at scale

Black Friday, holiday season, back to school, or whenever your peak period is, Wxora is built to scale as you grow. It’s also designed for resilience; an operations platform you can build a business on.

Core features of Wxora Retail Inventory Management System

✔️ Accurate accounting for inventory

Understand the true value of your inventory and your profit margins on goods sold over time, with the FIFO (First-in, First-out) accounting model. Or, decide to account for your COGS at the point of shipment or invoice.

✔️ Real-time P&L and balance sheet

Whether invoicing an order, taking payment, processing a shipment or receiving goods-in, accounting entries will be created automatically and in real-time.

✔️ Complete audit trail

Easily navigate between contacts, invoices, payments, and their underpinning journals with each transaction linked to its order or credit in one single system, allowing you to spend less time validating and reconciling data when auditing.

✔️ Reconcile bank accounts

With bank reconciliation functionality and bank activity reporting, stay reassured that every deposit, withdrawal, bank payment, and transfer is accounted for correctly.

✔️ Real-time accounts payable and receivable reports

Track accounts payable and receivable in real-time and across multiple currencies. Report on customer/vendor activity, their full financial history, or just outstanding or overdue invoices. Send statements, allocate payments, and monitor credit limits and payment terms, all in one integrated system.

✔️ Pre-built accounting integrations

Our purpose-built integrations with major accounting systems provide you with the freedom to choose the best option for your business. Benefit from real-time sales performance reporting in Brightpearl even when you choose to use a third party accounting software.

✔️ Visualize trend performance

Get a concise overview of inventory levels with intuitive dashboards that highlight things like stock on hand, items on purchases, top items that need to be reordered, and the most overstocked items.

✔️ Multi-currency for international expansion

Buy from overseas suppliers, sell to customers around the world, or bank in any foreign currency, all within one system. Manage your supplier and customer accounts, along with their orders, invoices, payments, and debts in their local currency to maintain financial continuity.

✔️ Amazon FBA settlement report mapping

Import Amazon fees and other adjustments to corresponding transactions. Specify the account code for order-related fees and set the default code for other fees and transactions to ensure journal entries are created and mapped accurately.

✔️ Manage business expenses and overheads

Keep track of general expenses and overheads in order to accurately report on net profit via supplier bills, bank payments, employee expense claims, and journal entries.

✔️ VAT returns and sales tax reporting

Depending on your tax scheme, our integrated accounting software either generates VAT returns and EC sales lists, or provides data to report on sales tax.

Integrations

& much more

Contact us today for a customized demo of Wxora ERPNEXT

And see how we can help you automate the ordinary and act on the exceptional.

Book A Demo Today