Tracking cash sales for multiple locations?
Wow, that's a loaded question. As with all questions, the answer is: it
depends. It depends on: 1. sales volume and 2. are you billing insurance at
all or do you plan to?
If you're planning on billing insurance, or you already do, you need to
purchase a piece of industry-specific software. Which one to choose is the
topic of a whole other, heated, discussion. Some examples of the biggest
names in the industry are: TIMS, Brightree, Fasttrack, QS/1, Team DME,
Bonafide, HDMS, MedAct, and CPR+. All industry-specific software will
accomplish your goal of tracking sales by location.
If you're not planning on billing insurance ever (cash sales only) then you
have a lot more options. This is where sales volume matters - if you're
doing a lot of sales volume, you'll want to purchase a dedicated retail
sales program. For example you could use QuickBooks. Or you could build your
own Access database (if you're really really good with computers/databases,
otherwise I wouldn't). If you have low sales volume then an Excel
spreadsheet should suffice. I would suggest QuickBooks or another piece of
retail software (there are literally thousands of options - just get your
Google on).
To answer your question "Do you use a dedicated program? Access Database?
Excel?" - We do several million per year in revenues through our 9
locations and we bill insurance. So we use TIMS by Computers Unlimited and
it does an excellent job tracking sales by location as well as a myriad of
other data.
- Joey
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Tracking cash sales for multiple locations?
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