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Monthly Management Account & Composite Production
Accurate accounting information is essential for the profitable operation of the dealership. Monthly management accounts can be prepared from base records providing the Dealer Principal with a key monthly benchmark of current performance.
Accountancy professionals from Trevor Jones visit the dealership on a monthly basis to prepare the management accounts and where necessary, the composite inputs. An additional benefit for you of having an exclusively motor trade focused accountant, is that we will have a detailed knowledge of the stocking systems, we will have used your dealer accounting systems before and therefore we will cause minimal disruption to the dealerships’ day to day activities, whilst providing significant benefits in the form of business management advice.
Every dealer we visit is different and the dealer principal requires different information to manage his business. However, in the preparation of the accounts we would typically perform the following work:
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Detailed balance sheet reconciliations to highlight inaccuracies |
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Detailed analytical review of the balance sheet and profit and loss account to understand monthly fluctuations in the revenue and cost drivers |
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Preparation of the VAT return |
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Review of the accounts, current trading and the general market conditions with the dealer principal. |
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Trevor Jones has a nationwide presence ...
...with contacts through
its sister company, ASE, throughout Europe and
the rest of the world
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