Auto Repair Shop Accounting Service

Why should auto repair shops outsource payroll?

Your industry has unique options for paying your employees. Beyond the payroll portions that an accountant can help with - finding the ideal payroll margins and pay methods to complement your matrix pricing strategy - a good, reputable payroll service provider will, in an accurate and timely manner:

• Pay your employees
• Pay your payroll taxes
• Prepare your W-2s
• Handle all weekly, monthly, quarterly, and annual compliance with the state and federal government

Plus, if you've been facing those pesky IRS penalty notices, a payroll service will stop them.

No, this does not align with our business structure. Our monthly accounting fees include the cost to file annual taxes, and monthly accounting is made up of monthly bookkeeping, financial statements, and advice.

Chances are, you probably already outsource your accounting - to an annual tax accountant, that is. Outsourcing monthly accounting brings bookkeeping and tax filing together, but it also includes:

• Year-round tax strategy to minimize what you owe in taxes
• Monthly financial statements to guide you
• Monthly bank and credit card reconciliation 
• Monthly meetings with your accountant to get personalized advice
• Unlimited contact with your accountant at no extra cost
• Sales tax returns filed on time and accurately

Matrix pricing is a system that uses multipliers to determine the selling price of a part used in a repair order. You can do it yourself, but while many management systems have the ability to program a parts pricing matrix, they're not always used to the fullest extent or not programmed properly based on strategic calculations. Use our free, proven template to find the prices for your parts.

Yes! In fact, when we first opened our doors more than 50 years ago, we specialized in auto repair shops off the bat. We have retained many of our repair shop clients for years, and they still make up a decent portion of our client base.