A few weeks ago, I provided you with a “Monthly Office Manager Checklist.” This checklist should be completed each month. The office manager should review it with the dealer or general manager along with that month’s financial statement.
Make sure you ask questions as you perform these steps so that your employees are cognizant that you are actively involved in these aspects of your dealership. By asking questions, you will put your staff on alert.
You do not have to be a trained accountant to perform these tasks. They are not difficult or time consuming. You will want to tailor the steps to your particular store. In some cases, you could assign the task to another employee and have them report the results to you.
If you have any dealership management questions, please contact Paul McGovern at 800-849-6022 or pmcgovern@downeycocpa.com.
