Financial Clarity
Read Your Financials With Confidence, Not Guesswork
Accounting & Management System Integration Class
IN PERSON
Who it is for
- Owners and operators who want to trust the numbers they are handed
- Controllers and office managers responsible for the books
- Bookkeepers, whether you are new to collision or have years behind you
- General managers, estimators, and parts personnel who touch the numbers
- Any collision team member who wants the shop’s systems and financials reading true
You will walk away able to
Understand your financial statements: know exactly what belongs on a P&L and a balance sheet
Set up statements that read clean and are easy to read, so the books agree
Understand cash versus accrual, and why accrual matters for collision
Understand WIP: why it matters, what to look at, and how to verify the data
Understand prepaids and how to properly record and amortize them
Connect your management system to your accounting software, for example QuickBooks, so production and the books agree
Understand the impact of recorded entries in your management system, and how to properly code items to yield clean, accurate reporting
Handle reconciliations and month end close for tasks done daily, weekly, monthly, quarterly, and annually
Read gross profit by department, with the KPIs for labor, parts, paint materials, and sublet, and how to analyze and troubleshoot them
Work through parts codes and line item mapping, sales adjustments, payroll flagging, receipts, discounts, and write offs, properly closing ROs, and sales tax
Leave with a review checklist for month end close
Leave with know how, not theory
What is included
Facilitator
Maria Quintero, Fiel Partners
Maria started at a collision shop in 1998 and worked her way through every seat: claims, parts, estimating, and the books, and on into ownership of the collision center. She closes these books every month. You are learning from someone who does this work, not from theory.
Square One Systems organizes and hosts this class.
Common questions
Reserve Your Seat
Questions or Registration Assistance?
Email us anytime at info@square1sys.com, or reach out directly below.