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Close the end of the month and reconcile multiple rooftops faster than ever

Simplify your accounting process by creating one accounts receivable statement for every rooftop

Product Description

Is your auto group struggling with reporting account transactions across multiple stores manually with a four-sided entry? Intercompany is an add-on in Auto/Mate’s Accounting and Payroll modules that allows parent companies to expense multiple child locations automatically by setting up accounts payable and receivable for all locations. With the elimination of manually posting multiple company transactions, AMPS users can save time and reconcile what each store owes the other with ease and accuracy.

How Intercompany Can Help Your Dealership:

  • Eliminates manual four-sided data entries

  • Easily and accurately reconcile with every location

  • Spend less time fixing mistakes at the end of the month and more time focusing on profits


Perform journal entries across multiple dealerships

Getting the job done becomes more difficult and complicated as you deal with more store locations. You want the dealership to grow, but you also want the end of the month to run as smoothly as possible. With Intercompany, you can perform G/L accounting inquiries and see postings across all rooftops. Our journal entries make it incredibly easy to reconcile at the end of the month.


Automatically distribute payable expenses “due to/from” entries

Say goodbye to those manual four-sided entries. Intercompany automatically sets up “due to/from” expenses to all of your stores. Moreover, the accounts receivable feature allows users to send one statement for every location. Once payment from a company is received, the Cash Receipts application distributes the payment to the proper dealership, allowing the company to write only one check.

Expense employee wages and taxes across multiple locations

Are you cutting checks out of one store for employees who work in multiple? It’s time to get rid of the extra steps of having redistribute those expenses taken from one store and start compensating employees with one expense for the stores they work in.

 

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