Inventory (records, forms, reports) All car lot systems need to begin with inventory and build from there. When you add a vehicle to your inventory, it is there for reporting, adding improvements, bookkeeping and ultimately selling.
Improvement tracking and reporting After a vehicle is added to inventory, you could still make improvements such as repairs, detailing, shop overhead and so forth.
Track drafts and Floorplanning Many times, a vehicle is added to your inventory before you have actually paid for it. You therefore owe someone, a bank or other dealer, for that vehicle. It is hard to keep track of what is owed without some help.
Inquire by Make, Stock, Sold date Being able to lookup specific vehicles by type or date sold, etc. is very useful. You can even print inventory reports by make, model, etc....
Title jacket and inventory stock cards Title jackets and/or stock cards are extremely useful for tracking inventory. Title Jackets can contain extra sets of key, title, and purchase information.
Sales order printed at time of deal Let the computer print your sales order (buyers order) at the time of the sale.
Sales reports for week or month Report your sales on a weekly, month-to-date or monthly basis. Useful for sales and commission uses.
Retail and/or Wholesale sales reports Keep track of sales according to retail or wholesale.
Salesmans sales reports Keep track of sales by salesman. Great for commission reporting and validating.
Credit check Equifax, TRW, Transunion You do not need to rent a special machine for credit checking. Just sign-up with your desired service and let our software do the dialing and handling for you.
Calculate and print loan/bank contracts The calculation and printing of bank contracts is vital. Let your computer do the work.
Credit life and Disability calculations Back-end profits such as credit insurance should not be overlooked. Let the computer do the calculations and printing for you.
Interest calculations APR, Add-on The Federal Trade Commission is very specific about lending. You must be accurate on APR within 1/8 of a percentage point.
Calculate Doc stamps and Sales tax
Buy-here Pay-here contract
Accounts Receivable reports
Take payments, print receipts
Inquire on screen by name, account, etc.
Daily and monthly deposit reports
Track After-the-fact cash buckets
Late notices, late fees
Due today report
Report account credit status to Equifax
Print Monthly Report of Operations
Integrate to General Ledger
Print Title & Registration Paper Forms
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