Accounting Services for Wireless Retail Stores

Wireless phone enterprises operate stores that directly distribute products and provide services like activation of post-paid accounts, extension of contracts, addition of phone features (Internet and e-mail service, GPS navigation, and music), and activating pre-paid phones. If you are interested in selling a particular carrier’s product, you can visit its web site to acquire information about its vendor program. Or, you can associate with a master dealer nearest to you

Attractive Wireless Sub-dealer

As a sub-dealer, you will have to contract with the master dealer for everything you want for your store. The main dealer will give you access to wireless and data products and give you your commission for activating postpaid accounts, spreading contracts and adding features to present phone plans (for prepaid activations, you will earn the mark up that you will put on the items you sell). To become a sub-dealer you must send an application to the master dealer. The approval of your application will be contingent much on your capability to show that you have the managerial skill to efficiently run a business and a well-thought of strategy to make the business successful.

To become a sub-dealer, you must:
Have a strong background in marketing and sales, which are the supports of the success of every wireless store. To complaint up your qualifications, enroll in a program for a Wireless Retail Store Manager Certification.
Have a well-established business plan. You’d require this to convince a master dealer you can be an asset in its business.
Meet other necessities to be quantified by master dealers such as having high speed internet connection, and mechanism to make sure security and prevent fraud.

In what way to Make a Good Wireless Retail Store Business Plan

In order to make a convincing business plan, you need to include a exact location for you store – one that has high traffic and thus, likely to attract numerous customers to your store. That location may be in a stall in a mall. The business plan must also be exact in its targets and plan of actions. For a completely compelling business plan, stipulate your niche market, which might be an underserved portion of a population or a particular group of people.
If you don't have to particular the latest and greatest smartphone, there’s no time like the present to buy a new one. From the latest iPhone to an Android super phone to a business-friendly Windows Phone, you can find the right phone for you. Before you hit the stores, still, do a bit of research and read our guide so that you'll know accurately what to look for.

We are experts in providing these Services also:

• Account Receivables
• Account Payables
• Balance Sheet
• Purchase Orders
• Reports Manager
• Expense Management
• Account Management
• Account Payable
• Chart of Accounts
• Order Approval
• Funds Transfer
• Employee Auditing
• Check Printing
• Inventory Transfer and Receive
• Returns & Exchange
• Store Credit & Layaway
• Transfer of financial activity from POS to accounting system
• Credit card, checks and cash in transit recon (daily / weekly / monthly)
• Cash over/short – cash shrinkage recon and follow up with internal staff
• Payables check preparation
• Customer refund checks processing for cash sales
• Bank account recons (daily / weekly / monthly)
• A/P (Carrier) and all other A/P account recons
• Payroll journal entries
• Reconcile A/P sales tax whenever the sales tax payment is made
• Reconcile A/P inventory transfer against A/R inventory transfer
• Self-audit of daily G/L entries
• Reconcile inventory in hand with POS
• Prepaid and accrued expenses entries
• Detailed expense entry for different scenarios
• Mid month commission discrepancy response entries
• Mid month manual employee check entry
• Monthly sales tax report
• P/L by location for current month
• P/L overall for the year by month
• End of year 1099 report

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