- >>> State Sales Tax
- >>> Bank Accounts
- >>> Floor Plan
- >>> Fixed Asset Systems
State Sales Tax
You send us your Sales Journals (New, Used, Parts, Service, and Body Shop.)
You send us the General Ledger Accounts and Source Report for your Sales Tax Accounts, Sales and Cost Accounts and your State Form and Instructions.
A description of how you post your income and unique processes (like how you post trade in allowance or doc fees.)
We do the reconciliation and send you back all of your reports and our work papers. We do both wholesale and retail accounts and if your State has Business and Occupations Tax we will reconcile that also.
Our Work Papers will:
•Categorize all types of deductions
•Check Lists fo all deductions to enable you to pull source documents for your final records
•A preliminary report for you to review and refer to when filing your State Sales Tax Return
Bank Accounts
Our experience requires us to reconcile your EFT and Credit Cards together with your General Account. So many times, incorrect processing codes are used when posting receipts and result in the incorrect GL account entries.
We have two types of reconciliation services for bank accounts. One that requires an accurate prior reconciliation and the other that doesn't. We have often been engaged to assist in bank reconciliations that have been neglected for months. Regardless of the condition of your bank reconciliations we have the experience to catch you up, fix you up or maintain your bank reconciliations.
You Send Us:
•Your last reconciled Bank Statements and Work Papers
•Your GL Detail that relates to your Bank Statements
•GL Journal Voucers that may have adjusting Bank Statement Entries or Notes on entries with No Description
•You Cash Receipt and Cash Disbursement Journals
We return a completed reconciliation with exceptions noted along with an exception checklist for your research at the dealership.
Floor Plan
You Send:
•Your End of Month Flooring Account Schedules With Control Numbers and Balances.
•Your Bank's Floor Plan Statements
•Your Prior Floor Plan Reconciliation
(if available)
We return a completed Floor Plan Reconciliation with exceptions notated and an exception check list for your research at the dealership.
Fixed Asset Systems
What We Do:
•Document
•Tag
•Photograph
•Catalogue
Prior to engaging us to design your fixed asset system we require reviewing your fixed asset records. This may require a multiple day visit to your dealership(s).