Numbers to track

Phone shop accounting areas
AreaWhat it showsWhy it matters
Phone salesRevenue by model and brandDemand visibility
Cost of stockPurchase cost of sold phones and accessoriesGross margin
Accessory marginProfit from add onsImportant profit source
Repair incomeLabor and part revenueService profitability
Installment receivablesMoney still owedCash flow risk
Cash reconciliationExpected versus actual cashPayment control
Stock valueMoney tied in inventoryCash planning
Discounts and refundsMargin leakageApproval control

Profit is not cash in drawer

Cash collected today may need to pay suppliers taxes salaries rent and installment risk. Profit should be calculated after cost and expenses.

Use qualified accounting support

Tax inventory valuation installment sales and business compliance can be complex. Shops should use qualified local accounting support.

Business compliance note

This article is for general smartphone shop planning and operations. Real shops must follow local tax consumer protection warranty import data privacy employment and payment rules.

Customer devices can contain private data. Staff should handle repairs trade in checks and data transfer requests with clear permission and privacy discipline.