In case you are an auto dealer or principal, there is a good probability you might have seen the “detailing division” as an unwelcome requirement to do business. Dynamics such because the distinctive necessities of automobile manufactures and distributors can restrict the amount of monies that may be paid for a dealership, regardless of what perspective purchasers might supply to pay for the shop. This attachment can happen months after the dealership has closed.
Find out where bank card monies are deposited and move the account if it is in the same financial institution the place the corporate’s common account resides. Our firm is in the business of washing fleets of autos. The “Notes and Accounts Receivable – Other” account is often a “catch-all” account on the dealership assertion.