Accounting software for car dealerships that knows the profit on every vehicle by VIN

• The vehicle register

  A catalogue of makes and trims, and for each vehicle a VIN, model year, colour, mileage and status (in transit, on the lot, reserved, sold, delivered), with a unified history of everything that happened to it.

• The vehicle’s landed cost

  The purchase price plus shipping, customs, insurance and preparation gives the vehicle’s real cost before pricing it, and the difference between sale and cost posts as that vehicle’s profit.

• Deposits and reservations

  A deposit is recorded as a liability to the customer and reserves the vehicle, then is applied to the final invoice or refunded with a voucher, each step with its entry.

• Trade-ins

  Appraise the trade-in, bring it into stock as a new vehicle at the appraised value, and deduct it from the sale invoice, with no manual entries.

• Financing and instalments

  A finance deal with a down payment, a financing party and a financed amount, or direct instalments with a fixed schedule, with receivable and collection entries.

• The vehicle e-invoice

  A ZATCA-compliant standard or simplified invoice carrying the VIN and specifications, with VAT calculated and direct submission to the Fatoora platform.

Related pages

• Accounting Software

  A complete cloud accounting system with a chart of accounts, journals and financial statements, built for Saudi regulations.

• E-Invoicing

  Digitally stamped standard and simplified invoices submitted to Fatoora automatically, with full accounting behind them.

• Inventory

  Warehouses, balances, transfers and counts tied directly to invoices, purchases and the ledger.

• Multi-Branch

  Each branch’s profit on its own and the company as a whole, from one ledger.

• Car Dealership Management

  From the first enquiry to handing over the keys: stock, quotes, deals, financing and commissions in one system.

• Trading & Retail

  Wholesale and retail sales, stock and purchasing in a system that knows the margin on every item.

• Article

  How to manage the accounts of a car dealership

  A car dealership is a trading business with distinct accounting: every unit in stock has a different cost, and a single deal may combine a deposit, a trade-in and bank financing. This guide explains how to keep a dealership’s books so you know the profit on each car, not just the month’s total.

• Article

  How to manage inventory in accounting

  Inventory is the asset a trader buys in order to sell, and at the same time the item that distorts profit most when handled badly. This article explains how inventory appears in the accounts, how cost of goods sold is computed, and what a stock count does.

• Article

  What is e-invoicing?

  E-invoicing is issuing and storing invoices in a structured electronic format instead of paper, to the requirements of the Zakat, Tax and Customs Authority, and integrating them with the authority’s Fatoora platform. This article explains the phases and requirements from the business owner’s point of view.