Fast isn’t good if the numbers are wrong. The key to a good close is preparation and cooperation from sales. Having the schedules clean and doing daily bank recs can eliminate those chores from the month end. This session will discuss the importance of getting deals to the office on the 1st day of the month and provide helpful hints to make monthly entries during the month to lighten the amount of closing entries.
After this session you will:
1. Have a clearer understanding of the close out process and steps taken in preparation. 2. Identify roadblocks in their dealership to an effective close out. 3. Know how to engage the entire dealership in expediting the month-end close.