Just $19 and You'll Receive the Hard Copy Executive Summary and Online Access to This Workshop in Multiple Formats!
 
Featuring: Philip Craft CPA and Christine Andrews from WITHUM
Air Date: December 17, 2020
1pm Eastern/ 12pm Central / 11am Mountain / 10am Pacific
Program Length: 60 minutes 
SKU DPL3
 
2020 has been a strange year and one that poses some challenges when we close the books. A solid, step-by-step process and checklist for getting all your accounting ducks in a row to close out this less than normal accounting year.
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Producing a solid and reliable End-of-Year financial closing statement is the first step toward taking on 2021. But there is no doubt, the dealership accounting staff will be tested with many items and accounts that need to be checked, summarized and sometimes reconciled.
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This workshop will guide you through process and provide a concise and complete checklist of what needs to be included.
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Learn what needs to be examined and why:
 
	
	
Accounting for all COVID relief funds, forgiveness and more
	
	
	
Prepaid Accounts, Payroll Reconciliation, Sick and Vacation Accruals, LIFO
	
	
	
Floorplan, Bank Reconciliation, Finance Reserves, Fixed Assets
	
	
	
Accounts Receivable & Payable, DMS Changes, Sales & Use Tax
	
	
	
IRS 8300, Parts Reconciliation, WIP, Trend Analysis, UC Write Downs
	
	
	
Payroll Accruals, Checks Owners, Officers & Partners, Asset & Liability Accts
	
	
	
Reviewing 5 top expenses
	
	
	
New and UC Physical Inventory
	
	
	
Intercompany Reconciliations, Demos
	
	
	
FTC Safeguarding and Red Flags
	
	
	
Get a firm handle on all of it!