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Business Accounting
A home for all your retail business accounting needs.
Retail businesses deal with inventory management, tight margins, seasonal cash flow swings, and high transaction volumes. We specialise in accounting for Melbourne retailers so your numbers are always in order and your business is always in a position to grow.

Led by Sam Draper
Retail accounting is not just about keeping the books. It is about keeping the business healthy.
Specialist Knowledge
We work with retail stores, franchise stores, independent retailers, and popup businesses every day and understand the specific financial challenges each model faces.
Tax Efficiency
Retail businesses have access to a range of deductions and planning opportunities throughout the year. We make sure you capture every one.
Operational Insight
We look at your pricing, margins, supplier costs, and overhead structure to give you practical advice that improves profitability across the business.
Cash Flow Control
Retail cash flow is driven by inventory cycles, seasonal peaks, and supplier payment terms. We forecast and manage your position so your business always has the funds it needs.
Knowledge of Xero
We use Xero with all our retail clients and connect it with the tools your business already uses so your sales data, payroll, and inventory feed into one accurate, real-time financial picture.
In short:Elephant Advisory specialises in accounting for Melbourne retailers, covering inventory, tight margins, seasonal cash flow and high transaction volumes so your numbers are always clear.
Led by Sam Draper, Director & Head of Accounting · Chartered Accountant (CA) · Xero specialist.
What’s included
Accounting services built for retail businesses.
The accounting services Melbourne retailers rely on to stay compliant, manage their margins, and grow their store.
Tax Compliance
We handle every tax obligation for your retail business accurately and on time so compliance is never something you have to chase.
BAS and IAS Lodgements
We manage every BAS and IAS lodgement for your retail business so they are always submitted correctly and on time, without you ever chasing a deadline.
Tax Planning
We build a proactive tax strategy around your retail business to minimise your liability and capture every deduction available throughout the year.
Cash Flow Management
We forecast and manage your cash flow around inventory cycles and seasonal trading so your business is never caught short when it matters most.
Financial Reporting
We track your gross margin, cost of goods, and performance through Xero so you always have accurate data to guide your pricing and profitability decisions.
Business Advice
From reviewing your pricing structure to planning a new location, we offer practical retail advice that helps you build a more profitable operation.
Structures we plan for
Sole traders
Partnerships
Companies
Family trusts
SMSFs
Not sure yours still fits? Business structure review
Industries we know well
Why us
If these problems sound familiar, you're not alone.
The accounting challenges most retail businesses face and exactly how we solve them.
Going it alone
No clear picture of margins after COGS
Cash flow tight despite strong sales
BAS always a last-minute scramble
Overpaying tax
Accountant doesn't understand retail
With Elephant Advisory
Real-time gross margin reporting
Forecasting built around inventory cycles
Every lodgement handled on time
Year-round tax planning for your store
Specialists who know inventory and margins
“At Elephant Advisory, we help retailers get a genuinely accurate picture of their margins and cash position so every decision about pricing, stock, and growth is backed by reliable numbers.”
Your accountants
Qualified, Xero-certified and easy to reach
FAQ
Let's clear a few things up.
No jargon, no runaround - just honest answers.
Yes. We work with retail stores, franchise stores, independent retailers, and popup businesses and understand the specific financial challenges each model faces, from inventory management to seasonal cash flow and margin reporting.
We work with franchise stores, independent retail stores, and popup businesses across a range of product categories, from single locations to multi-site operations.
We make sure your cost of goods is tracked correctly, your gross margin is reported accurately, and your stock movements are reconciled so your financial picture always reflects what is actually happening in the business.
We build forecasts around your inventory purchase cycles, seasonal trading patterns, and supplier payment terms so you always have a forward view of your position, especially heading into peak periods.
Yes. We review your structure and build a year-round tax plan that captures every legitimate deduction including stock write-offs, equipment, and occupancy costs.
We connect Xero with Square, Tyro, Hubdoc, Tanda, ReceiptBank, and ClockOn so your sales data, payroll, and expenses flow through automatically.
Related services
General information only. Talk to your accountant about your circumstances.
Business Accounting
A home for all your retail business accounting needs.
Retail businesses deal with inventory management, tight margins, seasonal cash flow swings, and high transaction volumes. We specialise in accounting for Melbourne retailers so your numbers are always in order and your business is always in a position to grow.

Led by Sam Draper
Retail accounting is not just about keeping the books. It is about keeping the business healthy.
Specialist Knowledge
We work with retail stores, franchise stores, independent retailers, and popup businesses every day and understand the specific financial challenges each model faces.
Tax Efficiency
Retail businesses have access to a range of deductions and planning opportunities throughout the year. We make sure you capture every one.
Operational Insight
We look at your pricing, margins, supplier costs, and overhead structure to give you practical advice that improves profitability across the business.
Cash Flow Control
Retail cash flow is driven by inventory cycles, seasonal peaks, and supplier payment terms. We forecast and manage your position so your business always has the funds it needs.
Knowledge of Xero
We use Xero with all our retail clients and connect it with the tools your business already uses so your sales data, payroll, and inventory feed into one accurate, real-time financial picture.
In short:Elephant Advisory specialises in accounting for Melbourne retailers, covering inventory, tight margins, seasonal cash flow and high transaction volumes so your numbers are always clear.
Led by Sam Draper, Director & Head of Accounting · Chartered Accountant (CA) · Xero specialist.
What’s included
Accounting services built for retail businesses.
The accounting services Melbourne retailers rely on to stay compliant, manage their margins, and grow their store.
Tax Compliance
We handle every tax obligation for your retail business accurately and on time so compliance is never something you have to chase.
BAS and IAS Lodgements
We manage every BAS and IAS lodgement for your retail business so they are always submitted correctly and on time, without you ever chasing a deadline.
Tax Planning
We build a proactive tax strategy around your retail business to minimise your liability and capture every deduction available throughout the year.
Cash Flow Management
We forecast and manage your cash flow around inventory cycles and seasonal trading so your business is never caught short when it matters most.
Financial Reporting
We track your gross margin, cost of goods, and performance through Xero so you always have accurate data to guide your pricing and profitability decisions.
Business Advice
From reviewing your pricing structure to planning a new location, we offer practical retail advice that helps you build a more profitable operation.
Structures we plan for
Sole traders
Partnerships
Companies
Family trusts
SMSFs
Not sure yours still fits? Business structure review
Industries we know well
Why us
If these problems sound familiar, you're not alone.
The accounting challenges most retail businesses face and exactly how we solve them.
Going it alone
No clear picture of margins after COGS
Cash flow tight despite strong sales
BAS always a last-minute scramble
Overpaying tax
Accountant doesn't understand retail
With Elephant Advisory
Real-time gross margin reporting
Forecasting built around inventory cycles
Every lodgement handled on time
Year-round tax planning for your store
Specialists who know inventory and margins
“At Elephant Advisory, we help retailers get a genuinely accurate picture of their margins and cash position so every decision about pricing, stock, and growth is backed by reliable numbers.”
Your accountants
Qualified, Xero-certified and easy to reach
FAQ
Let's clear a few things up.
No jargon, no runaround - just honest answers.
Yes. We work with retail stores, franchise stores, independent retailers, and popup businesses and understand the specific financial challenges each model faces, from inventory management to seasonal cash flow and margin reporting.
We work with franchise stores, independent retail stores, and popup businesses across a range of product categories, from single locations to multi-site operations.
We make sure your cost of goods is tracked correctly, your gross margin is reported accurately, and your stock movements are reconciled so your financial picture always reflects what is actually happening in the business.
We build forecasts around your inventory purchase cycles, seasonal trading patterns, and supplier payment terms so you always have a forward view of your position, especially heading into peak periods.
Yes. We review your structure and build a year-round tax plan that captures every legitimate deduction including stock write-offs, equipment, and occupancy costs.
We connect Xero with Square, Tyro, Hubdoc, Tanda, ReceiptBank, and ClockOn so your sales data, payroll, and expenses flow through automatically.
Related services
General information only. Talk to your accountant about your circumstances.
Business Accounting
A home for all your retail business accounting needs.
Retail businesses deal with inventory management, tight margins, seasonal cash flow swings, and high transaction volumes. We specialise in accounting for Melbourne retailers so your numbers are always in order and your business is always in a position to grow.

Led by Sam Draper
Retail accounting is not just about keeping the books. It is about keeping the business healthy.
Specialist Knowledge
We work with retail stores, franchise stores, independent retailers, and popup businesses every day and understand the specific financial challenges each model faces.
Tax Efficiency
Retail businesses have access to a range of deductions and planning opportunities throughout the year. We make sure you capture every one.
Operational Insight
We look at your pricing, margins, supplier costs, and overhead structure to give you practical advice that improves profitability across the business.
Cash Flow Control
Retail cash flow is driven by inventory cycles, seasonal peaks, and supplier payment terms. We forecast and manage your position so your business always has the funds it needs.
Knowledge of Xero
We use Xero with all our retail clients and connect it with the tools your business already uses so your sales data, payroll, and inventory feed into one accurate, real-time financial picture.
In short:Elephant Advisory specialises in accounting for Melbourne retailers, covering inventory, tight margins, seasonal cash flow and high transaction volumes so your numbers are always clear.
Led by Sam Draper, Director & Head of Accounting · Chartered Accountant (CA) · Xero specialist.
What’s included
Accounting services built for retail businesses.
The accounting services Melbourne retailers rely on to stay compliant, manage their margins, and grow their store.
Tax Compliance
We handle every tax obligation for your retail business accurately and on time so compliance is never something you have to chase.
BAS and IAS Lodgements
We manage every BAS and IAS lodgement for your retail business so they are always submitted correctly and on time, without you ever chasing a deadline.
Tax Planning
We build a proactive tax strategy around your retail business to minimise your liability and capture every deduction available throughout the year.
Cash Flow Management
We forecast and manage your cash flow around inventory cycles and seasonal trading so your business is never caught short when it matters most.
Financial Reporting
We track your gross margin, cost of goods, and performance through Xero so you always have accurate data to guide your pricing and profitability decisions.
Business Advice
From reviewing your pricing structure to planning a new location, we offer practical retail advice that helps you build a more profitable operation.
Structures we plan for
Sole traders
Partnerships
Companies
Family trusts
SMSFs
Not sure yours still fits? Business structure review
Industries we know well
Why us
If these problems sound familiar, you're not alone.
The accounting challenges most retail businesses face and exactly how we solve them.
Going it alone
No clear picture of margins after COGS
Cash flow tight despite strong sales
BAS always a last-minute scramble
Overpaying tax
Accountant doesn't understand retail
With Elephant Advisory
Real-time gross margin reporting
Forecasting built around inventory cycles
Every lodgement handled on time
Year-round tax planning for your store
Specialists who know inventory and margins
“At Elephant Advisory, we help retailers get a genuinely accurate picture of their margins and cash position so every decision about pricing, stock, and growth is backed by reliable numbers.”
Your accountants
Qualified, Xero-certified and easy to reach
FAQ
Let's clear a few things up.
No jargon, no runaround - just honest answers.
Yes. We work with retail stores, franchise stores, independent retailers, and popup businesses and understand the specific financial challenges each model faces, from inventory management to seasonal cash flow and margin reporting.
We work with franchise stores, independent retail stores, and popup businesses across a range of product categories, from single locations to multi-site operations.
We make sure your cost of goods is tracked correctly, your gross margin is reported accurately, and your stock movements are reconciled so your financial picture always reflects what is actually happening in the business.
We build forecasts around your inventory purchase cycles, seasonal trading patterns, and supplier payment terms so you always have a forward view of your position, especially heading into peak periods.
Yes. We review your structure and build a year-round tax plan that captures every legitimate deduction including stock write-offs, equipment, and occupancy costs.
We connect Xero with Square, Tyro, Hubdoc, Tanda, ReceiptBank, and ClockOn so your sales data, payroll, and expenses flow through automatically.
Related services
General information only. Talk to your accountant about your circumstances.
Phone
OFFICE HOURS
Mon to Fri: 8.30am - 6.00pm
By appointment only.
Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261. Accounting and tax services are provided by Elephant Tax Pty Ltd (ABN 39 626 563 755), bookkeeping by Elephant Bookkeeping Pty Ltd (ABN 49 682 979 139), digital marketing by Elephant Digital Pty Ltd (ABN 72 692 273 091) and offshore staffing by Elephant Teams Pty Ltd (ABN 24 656 874 789).
Phone
OFFICE HOURS
Mon to Fri: 8.30am - 6.00pm
By appointment only.
Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261. Accounting and tax services are provided by Elephant Tax Pty Ltd (ABN 39 626 563 755), bookkeeping by Elephant Bookkeeping Pty Ltd (ABN 49 682 979 139), digital marketing by Elephant Digital Pty Ltd (ABN 72 692 273 091) and offshore staffing by Elephant Teams Pty Ltd (ABN 24 656 874 789).
Phone
OFFICE HOURS
Mon to Fri: 8.30am - 6.00pm
By appointment only.
Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261. Accounting and tax services are provided by Elephant Tax Pty Ltd (ABN 39 626 563 755), bookkeeping by Elephant Bookkeeping Pty Ltd (ABN 49 682 979 139), digital marketing by Elephant Digital Pty Ltd (ABN 72 692 273 091) and offshore staffing by Elephant Teams Pty Ltd (ABN 24 656 874 789).
