Accounting software for car dealerships
Dealership accounting software has to keep up with large deals, lender funding and inventory financing moving through the bank every day. Adopt keeps the books and monthly close current, and your team approves every entry.
How car dealerships handle this today.
Big transactions, tight timing. A single deal moves through several accounts before it is funded.
Inventory is financed. Floor plan balances and interest change with every unit.
Several departments. Sales, service and parts each bring their own activity.
The month has to close. Lenders and manufacturers expect statements on a schedule.
Dealership accounting, closed on schedule
Adopt prepares the work in the background. Your team reviews and approves it, and every approval stays on the record.
Connect your accounts
Link bank and card accounts, or upload statements. Adopt starts from your opening balances.
Activity coded, with reasons
Lender funding, floor plan payments, parts purchases and overhead each get a suggested account and the reason behind it.
Review and approve
Approve in bulk or one at a time. Nothing posts until you do.
Close and report
Reconciliations and month-end statements are prepared for you to sign off.
What changes for car dealerships
Every account tied to its statement
Bank and lender accounts reconcile to the cent every month.
Exceptions, not everything
Your team reviews what needs a decision. The rest arrives with its support attached.
Stores kept separate
Rooftops held in separate entities each keep their own books.
FAQs
It keeps a dealership’s books: activity recorded, bank and lender accounts reconciled and statements produced each month. Adopt prepares that work and your team approves it.
No. Deals, service and parts stay in your dealer management system. Adopt keeps the accounting books and bank reconciliations current.
Yes. Each entity keeps its own books, and you can review one entity or all of them.
No. Adopt works on its own. A business without any accounting system can start on Adopt and keep its books there.
More software for car dealerships
Accounting software for other industries
Dealership books, closed on schedule.
You approve every entry.
Start free and connect your first account. Adopt works on its own, so you do not need another accounting system to begin.
