Accounting/Payroll

Problem: My QuickBooks has very limited inventory management.  It does a good job of managing my bills, banking and receipts and gives me an income statement. However, it's inventory module doesn't work for me because of its limitations.  What would your software do for me?  Is it compatible with QuickBooks?

Solution: PTM-Vision has an extremely robust inventory system with ability to hold virtually unlimited part numbers.  PTM-Vision allows you to export daily sales information to QuickBooks for users that want to keep using it.  However, another option is for you to use the integrated accounting software within PTM-Vision.  There are some advantages to the PTM-Vision accounting program such as departmental reporting and instant record updates.

Problem: Real overhead or burden rate.  These days I need to wait until my accountant tells me what last month’s overhead was before I know whether or not I am making money this month.  There has to be a better way to know how much overhead I am carrying and how much margin I need to have on my parts or labor to make money. What is the best way to know my real burden?  How do I know if I am really making money?

Solution: PTM-Vision’s integrated accounting system provides accurate assessment of all of your expenses  -- all of the time. You will know up to the minute where your overhead is and what burden rate needs to be applied to your parts and service business to make a profit.  In PTM-Vision, real-time adjustments can be made to protect your bottom line.

Problem: Which part of my business is working for me?  My company is made up of 3 departments, parts, service, and sales.  My accountant can only give me a consolidated income statement and balance sheet for my overall business.  How can I drill down into the detail and find out where I am making money and losing money in each segment of my business?

Solution: PTM-Vision’s seamlessly integrated accounting system allows you to departmentalize your company so that you can see how each part of the business is performing.  You can take a detailed look at each part of your business, make detailed adjustments with each department and accurately measure improvements. 

Problem: My sales tax calculations are a nightmare.  I do parts and repair business in several states and I have to deal with multiple state, county and city sales tax rates. Depending upon where the work is done, I can end up with sales tax on labor and not on parts and just about any combination thereof. How does your PTM-Vision Software handle this?

Solution: PTM-Vision’s  has a very powerful sales tax tracking system and a complete tax spreadsheet that can break sales tax down by state, county, borough, etc.  It can even track labor separately from parts and this solution will save many hours of tedious sales tax tracking and reporting.

Problem: I pay commissions but not to all employees.  I don't have a way to easily track and pay them at different percentages for just parts or just labor.  Can PTM-Vision help me with that?

Solution:PTM-Vision has an easy to set up yet very lucrative commission tracking system.  It is recommended to setup a commission structure based on "what if" statements and run it in the background until you feel it is a 'win win' for you and your employees.  Then you can enact it with detailed reporting.  Each employee can be paid at different percentages, for specific customers, for parts and labor OR for just parts or just labor.  After the commission structure is setup and its time for payroll, simply run a report in PTM-Vision that will provide to the penny the amount of commission earned by each individual.