Use ChainDrive’s Integrated “Retail-Centric” Accounting
Managing accounts is a vital part of proper business management of any kind. Accounts of the retail variety are especially complex and require specific care to ensure that money is being spent the right way and that all data is in order. ChainDrive’s retail management software system includes a robust and retail-centric Integrated Accounting component that gives you all of the tools you need to handle everything from commissions to lease management and more.
The software’s tri-dimensional GL gives you a multi-tiered view of accounts at three levels. Using this will give you a thorough understanding of your accounts and will allow you to make specific changes based on the information you glean. Making the right changes and monitoring progress after they are made is a necessary step in the process of reaching new levels of success. Integrated Accounting includes the ability to create rules for expense allocation that can be performed either on a regular basis or only once. Manage your expenses the right way by leveraging the tri-dimensional GL.
You’ll also find a sophisticated Lease Management tool within the software that is designed to automate the handling of your lease or various leases through sophisticated formulas. It will alert you when leases are nearly up for renewal and it can calculate how much you owe based on information you provide. It can also project how much money will need to be spent on leases for up to twelve years ahead – this is a great tool for planning and budgeting in the future.
Take advantage of ChainDrive’s intuitive Accounting software and handle expenses the right way!