KPA’s Post

Dealer Principles, General Managers and CFO's/Controllers! Sorry, but you're making enough you say? Saving or cutting costs is not a priority? You're good with what you made last month, quarter, or year? You've reached your maximum revenue you say? You've done everything possible to increase profitability? With three decades of hands on automotive sales & finance management, I know that's not the case. If you answered YES, then you can just scroll past this post. But, if you're an innovator, leader, always reaching for new heights....LISTEN! We fight for every dollar on a deal and maximize each opportunity everyday (sales, service, parts, etc...). So, why do you accept giving up some of it to unnecessary processing fees? What if I told you you can retain up to 88% of loss profit from merchant fees and boost your bottom line without adding or reducing... * staff * inventory * marketing * or changing any of your current procedures or processes... and, actually streamline your current payment processing infrastructure at the same time? PLUG & PLAY ...and INSTANT RESULTS!!! Yes, it's that simple! Let's connect & schedule a demonstration showcasing how much this innovative & cutting-edge system can instantly boost your payment processing program adding ten's of thousand a month if not millions* per year back into your gross revenue. DM here, call/text (484)995-0210 or email @ [email protected]

One of the interesting debates I sometimes have with my colleagues in accounting is whether account management and accounting are more crucial to a company than sales and marketing. The truth is that sales and marketing provide essential inputs to a company, while accounting is an output of a company. Hence, without any input, there would be no output, and without any output, inputs would be meaningless. Therefore, both sectors are equally significant for any organization. #sales #marketing #acccounting #input #output

We've studied 1,000+ Successful Finance Managers and Found 11 KEY Habits They ALL Have In Common. Find out what they are below in our latest blog post 👇

XYZ Limited was incorporated on 15 January 2023 with an object of retail business. However, since inception due to some reasons, the Company has not started any business operations. The Promoters decided to strike off the Company from Registrar of Companies records. 1.     Is it feasible to Strike Off the Company?   Yes, the Company can file an application to the registrar under section 248 of the Companies Act, 2013 by passing Special Resolution or after taking consent of 75% member in terms of Paid-up Share Capital.   2.     Is Completion of Annual Filing for the financial year 2023-24 required?   No, according to the Rule 4 of Companies (Removal of Name of Companies from the Registrar of Companies) Rules, 2016, “the Company shall not file an application unless it has filed overdue financial statements under section 137 and overdue annual returns under section 92, up to the end of the financial year in which the company ceased to carry its business operations”. As per the above-mentioned provision the Company is required to complete filing only till the end of the financial year in which the Company ceased to carry its business operations, and, in our case, the Company has not started its business operations since incorporation. Therefore, there is no need to file Annual Filing forms i.e. e-form AOC-4 & MGT-7. Disclaimer: The above post is for general information purposes only. It is not professional advice for anyone. 

Finance managers should also explain the true benefits of products and give real examples of their uses.

As many dealership groups continue to be in growth mode, it's essential to consider the risks that come with the territory. To help mitigate these risks, implementing and testing internal controls is key. My colleague, Jodi Kippe from Crowe, shares the top areas to consider in this insightful article. Check it out here: https://bit.ly/4cwl22J. #dealerships #internalcontrols #riskmanagement

Sales Incentive Payment Flowchart (Internal Process), which may vary depending on your business's process and procedure. Supporting Documents needed: 1. Incentive Scheme (Internal Policy) 2. Incentive Form 3. Payment Voucher Checking Points and completion: 1. Purchase Order Confirmation, Sales Agreement, Invoice, and Receipt 2. Calculation aligns with the policy 3. Management Review and Approval #knowledgsharing

Just finished the course “Account Management: Maintaining Relationships” by Miles Croft! A bit of common sense when working with accounts, with some interesting insights. Check it out: https://lnkd.in/eNq2Ebih #businessrelationshipmanagement #accountmanagement.

Hot Tip Alert! Want to master the concept of Standalone Selling Price? Check out this insightful video:https://hubs.ly/Q02B3f7W0. Learn how to determine the standalone price of your products/services and optimize revenue allocation in your contracts. #StandaloneSellingPrice

Don't proceed with an account audit until you have defined your goal It often happens that a business hands over an account for audit to a specialist and expects them to find something. However, to understand whether the account is performing well or poorly, you need to know the goal. How many sales do you want, with what profitability, at what cost per lead/sale? First, the goal, then the optimization plan. Not the other way around.