How Fiskal helped Ghurka regain financial clarity, rebuild trust in their numbers, and scale with confidence
"We didn't just need an accountant. We needed a partner who could make the whole system work."
- Company: Ghurka, founded in 1975
- Location: New York City, USA
- Industry: Luxury leather goods
About Ghurka
Founded in 1975, Ghurka is a luxury leather goods brand with a loyal customer base and a rich design legacy. While most know them for their beautiful leather bags and accessories, few see what goes on behind the scenes.
Behind each product is a complex, multi-country supply chain: leather sourced from Italy, hardware from elsewhere, and co-manufacturing partnerships that require exacting coordination and financial precision.
As Grant, Ghurka’s VP of Finance & Operations, puts it:
“Most people see us as a retailer. But we’re also a manufacturer, a logistics company, and a global distributor. It’s not simple.”
The Challenge
On paper, Ghurka had all the right tools:
- Shopify for eCommerce
- Cin7 for inventory
- QuickBooks Online for accounting
- Bill.com for AR
- ShipStation for fulfillment
But in practice, nothing was talking to each other.
- Every invoice had to be entered twice.
- Sales had to be reconciled manually.
- Inventory values were never quite right.
And their VP of Finance? He was doing month-end close… alone.
“There was no system of truth. It was overwhelming. I couldn’t grow the business and do all the accounting myself.”
There were also hidden costs: not just in time, but in confidence. With duplicative data, mismatched reports, and no clear visibility, Grant and his team were flying blind.
The Turning Point
Grant knew something had to change. He began looking for accounting support. What he didn’t expect was to find a partner who could do more than bookkeeping.
“When I found Fiskal, I realized, finally, someone who understands both the systems and the numbers.”
Fiskal’s approach wasn’t to add more complexity. It was to simplify everything around how Ghurka operated. First, we dug into the root causes. Then we helped redefine how each tool in the stack should function, and how they should work together.
What Fiskal did
1. Rebuilt the Financial Foundation
Ghurka had fallen behind on monthly financials. We caught up the books for all of 2024, aligned reporting to actual bank activity, and delivered clean, actionable financial statements, month by month.
2. Integrated Cin7 Properly
Before, Cin7 was tracking inventory, but nothing connected with QuickBooks. We fixed that. We configured Cin7’s landed cost and sales flows properly, ensuring that it could drive reliable data across the stack.
3. Led the Move from QuickBooks to Xero
Switching accounting platforms is a major decision. But as Grant saw how Xero could give him better reporting, smarter customization, and a cleaner workflow, he made the leap.
“It was a daunting move. But the Fiskal team gave me confidence. They spoke my language. They just got it.”
4. Brought Systems and Accounting Together
Instead of bouncing between accountants who didn’t understand the tech, and system integrators who didn’t get the financials, Ghurka now had one team that could do both. That meant faster fixes, better decisions, and a single Slack channel where everything gets solved.
The results
- No more duplicate entry across systems
- Full visibility into landed cost and true COGS
- Seamless migration to Xero with zero disruption
- Real-time, reliable monthly reporting
- Operational clarity, and headspace to grow
“Fiskal doesn’t just respond. They anticipate. They solve problems before we even think of them.”
What started as a simple search for an accountant turned into something far more valuable: a partnership.
Looking ahead
“It all feels like one team now. Accounting, systems, reporting, it just works.”
Ghurka isn’t just caught up. They’re building forward. And they’re doing it with confidence, clarity, and a partner that actually understands how the whole business fits together.
