Import and wholesale businesses operate on tight margins, high transaction volumes, and the ongoing challenge of managing inventory, suppliers, and cash flow.
Our professional bookkeeping services provide accurate landed cost tracking, inventory reconciliation, and debtor management, giving you clear visibility into your financial performance. Beyond bookkeeping, we also support payroll for small businesses, helping you manage employee payments accurately and efficiently while maintaining compliance with relevant regulations.
By partnering with Numerix, you gain a trusted financial team dedicated to improving operational efficiency, strengthening financial controls, and supporting long-term business growth.
Managing an Import & Wholesale business’s books comes with unique hurdles. We help you navigate:
Accurately calculating the true cost of imported or freighted stock, including duties, freight, insurance, and currency conversion.
Managing credit accounts across dozens or hundreds of trade customers, invoicing, statements, and collections.
Keeping inventory values accurate across large SKU counts with frequent stock movements, returns, and adjustments.
Tracking and correctly accounting for volume rebates, early payment discounts, and promotional contributions.
From daily transactions to complex project financial management, our comprehensive accounting and bookkeeping services ensure your business remains profitable and compliant:
Calculate and allocate the true cost of each product line, including freight, duties, insurance, and FX conversion.
Manage trade customer accounts, including invoicing, statements, credit limit monitoring, and collections follow-up.
Regular stock reconciliation across your full SKU range with write-off and adjustment reporting.
Process all supplier invoices, manage payment runs, and reconcile supplier rebates and trade discounts.
Record and report foreign currency purchases with correct exchange rate treatment and realized/unrealized gain or loss.
Correct GST treatment for all domestic and imported goods, including customs duty and GST on imports.
Partners & Apps
Our team of expert accountants and bookkeepers is here to support you, giving you the tools and insights you need to achieve your business goals effortlessly.
Eliyah at Numerix Accounting! He is very organised and works well with us in our book keeping.
The team helped me to setup my marketing business and offered different bookkeeping solutions that suit our needs.
I was in need of a bookkeeper / accountant, I spoke to Igor and was extremely happy with the services he provides.
After being let down by another company, I’m so glad I found Numerix, the amount of time saved and problems resolved has been great, they communicate very well and are a pleasure to deal with
Book a free 30-minute consultation with Numerix and let us review your current setup to identify gaps, risks, and opportunities for improvement. We’ll show you exactly how Numerix can streamline your bookkeeping, strengthen your financial visibility, and support your business with a clear, reliable system you can trust.
Landed cost accounting allocates all costs associated with bringing stock to your warehouse, including purchase price, freight, insurance, customs duty, and currency conversion, to each product line. Without it, your cost of goods sold is understated, and your margins are overstated. We set this up correctly from day one.
Yes, we process foreign currency supplier invoices, record exchange rate movements correctly, and report on realized and unrealized foreign exchange gains and losses each period.
We track supplier rebate agreements and ensure that earned rebates are correctly accrued in your accounts each period, then reconciled against supplier credit notes when they are issued. Trade discounts are applied at the point of purchase and allocated to the relevant product lines.
