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24 January 2018      Josephine

Top 5 Things to Account for as a Distributor

Most companies in Australia rely on distributors or wholesalers to represent their business in international and local markets. This two-way trade in goods and services was worth over $735 billion in 2016–17 in Australia. This creates a vital component of Australia's economic prosperity.
Being a distributor or wholesaler is exciting as there would be lots of ups and downs. It's important for you to accurately account for purchase, inventory and sales process. As such, below we provide you 5 quick things to look out for if you are in this industry.