As the owner of a busy and crowded parking and impound lot, you need to keep track of all of the vehicles parked there. You need to account for details like whom owns what vehicle and what fees have been paid.
However, you may find you cannot keep track of all of these details by hand. To better manage matters like parking enforcement towing and outstanding balances, you can download and use a resource like a PPI software solution for your lot.
Keeping Track of Balances
You might charge by the hour or day for each vehicle that is parked in your lot. You must keep an accurate account of what balances are owed on each vehicle and what balances have been partially or fully paid.
However, you might lack the time or skills to keep accurate accounts of balances by hand. You also may not have it in your budget to hire a bookkeeper solely for this purpose.
Instead of using either option, you can use software that keeps track of the balances for you. You can have an accurate account of what balances are owed and what customers have already paid you. You can also keep track of revenue coming from a variety of sources, such as insurance companies or private pay clients.