A Comprehensive Automotive Accounting Guide Puts Facts, Processes and Tools Right At
Your Fingertips!
Comprehensive Accounting Guide- For Dealership Controllers and General Managers
This is your “Go To” Desk Reference for all questions related to dealership accounting functions, reporting and guide and to improved results!
​​
At Your Fingertips...
Authors
Brooke Samples Lloyd Schiller
This Important Guide is Just $500
Free Shipping USA/CANADA
See Bonus Excel Files Below...
When questions surface you will have a ready reference to gather details and craft a plan of attack...
Topical Index:
Specific Dealership Accounting Topics Page
2213 Parts Inventory Report (R&R) 25, 45, 47
2542 Exception Report (R&R) 47, 59, 136
3619 Exception Report (R&R) 47, 59, 136
Accounting Vs. Department Reports 47
Accounts Payable 28, 128
Accounts Receivables 124
Accruals 26
Action Plan Form 81
Adding a New Account Number 35
Adjusted Cost of Labor 8
Annual Parts Inventory 12
Assets 5
Avoidable Expenses 61
Bad Debts 26, 72
Balance Sheet 4
Bank Reconciliation 6
BDC Staffing 97
Body Shop Receivables 125
Body Shop Staffing 95
Bulk Items Reconciliation 10
Calculate Frozen Capital 20
Calendar - 5 Year 80
Career Paths 102
Cash Clearing 6
Cash Flow 16
Chargebacks in Service 65
Cash Flow 16
Chargebacks in Service 65
Chart of Accounts 33
Checklists 87
Clerical Staffing 97
Comebacks in Service 65
Compliance - Employee Safety 132
Compliance - Federal Laws 133
Compliance - Human Resources 131
Convert Flat Rate Pay to Hourly Pay 115
Counts on Financial Statement 72
Create Checklists 89
Cross -training Office Staff 71
CSI and Pay Plans 114
Current Ratio 30
Daily Operating Control (DOC) 42
Dash Board 44
Days Supply of Parts 24
Dealer Management System (DMS) 32
Dealership Improvement Teams 129
Debt to Equity Ratio 30
Disaster - Business Impact 85
Disaster- Human Impact 82
Disaster - Property Impact 83
Disaster Preparedness 82
Draws Against Commissions 112
Employee Benefits 100
Employee Job Fair 10
Employee Receivables 27
Employee Referral Program 105
Employee Reimbursement 129
Employee Rewards 119
Employee Testimonials 108
Employee Turnover 108
Expense Allocation 66
Expense Budget 77
Expense Management 61
Expenses 69
Fill Rate for Parts 25
Finance Contract Penetration 54
Financial Statement 1
Fixed Assets 27
Flag Hours for Technicians 7, 112
Flat Rate Hours for Technicians 7, 112
Forecasting 76
Frozen Capital 19
Frozen Capital in Inventory 22
Frozen Capital in Receivables 21
General Journal 37
General Ledger Summary 41
Goals for Employees 78
Gross Profit per Employee 92
Hiring the Best 104
Inefficient Expenses 61
Internal Labor Rates 56
Internal Parts Mark Up 56
Job Description Tips 99
Journal Sources 35
Key Performance Indicators (KPI) 49
KPI - Common Measurements 52
KPI - Personnel Guides 58
KPI - Service, Body Shop & Parts 55
KPI - Service, Body Shop & Parts Expenses 57
Labor in Process 7
Leading Indicators 75
Liabilities 5, 28
LIFO 73
Maximize Your Profits 121
Mentor/Mentee Program 98
MGR Parts Report (CDK) 25, 45, 47
Missed Profits Calculations 53
Month End Checklist 69
Necessary Expenses 62
Net Cash Position 17
Net Worth 4
New Vehicle Inspection (NVI) 56
New Year Checklist 73
Non-Stocking Parts 25, 45
Paint & Body Materials Reconciliation 9
Parts Aging Reports 45
Parts Annual Inventory 12
Parts Appreciation/Depreciation Reports 13
Parts Exception Reports 59
Parts Gross Turns 24
Parts Inventory Reconciliation 10, 123
Parts Level of Service 25
Parts Management Reports 45
Parts Perpetual Inventories 11
Parts Return on Investment 25
Parts Return Policy 124
Parts Staffing 96
Parts Stocking Status Reports 25, 45
Parts True Turns 25
Pay Employees as a Team 116
Pay Plan Changes 114
Pay Plans 110
Pay Plans Based on Goals 118
Pay Plans with Base Pay 115
Pay Plans with Stair Step Incentives 117
Payroll Accrual 28, 70
Pre-Delivery Inspection (PDI) 56
Prepaid Expenses 27
Print Financial Statement in 3 Days 68
Purchases Best Practices 126
Reconciliations 7
Reduce Internal Theft 136
Reserves 26
Return on Investment 29
REX Exceptions Report (CDK) 47, 59, 136
ROV Exceptions Report (CDK) 47, 59, 136
Salaried Technicians 7
Sales Department Staffing 93
Schedules 39
Service Exception Reports 59
Service Staffing 94
Service Supply Recovery 65
Special Order Parts 123
Spreadsheets for Losses 63
Spreadsheets for Expense Control 63
Staffing Options 98
Standard Entry Journal 37
Sub-Accounts 33
Sublet Inventory 14
Targets for Inventories 19
Targets for Receivables 19
Technician Efficiency 58
Technician Pay Plans 112
Technician Productivity 58
Theft Prevention, Body Shop 140
Theft Prevention, Parts 138
Theft Prevention, Service 139
Theft Prevention, Vehicles 137
Unapplied Labor 8
Used Vehicle Turns 23
Vehicle Inventories 123
Vendor Best Practices 127
Vendor Management 140
Warranty Labor GP Retention 56
Warranty Receivables 125
Wasteful Expenses 62, 64
Work in Process 7
Working Capital 29
Working Capital Ratio 30
Year End Closing 72
Chapter CONTENTS
PROCESSES
1 Financial Statement
2 Balance Sheet
3 Dealer Management System (DMS)
4 Accounting Vs. Department Reports
5 Key Performance Indicators
6 Expense Management
7 Month End and Year End
8 Prepare for the Unknown
9 Checklist for Efficiencies
PEOPLE
10 Profits Start with People
11 Pay Plan Challenges
PROFITS
12 Strategies For Maximum Profits
13 Minimize Internal Theft
Glossary
Resources
About the Authors
Free Bonus with Your Accounting Guide Purchase
4 Categories of Excel Spreadsheets to help you make financial processes, planning and monitoring more organized... (Worth the cost of the Accounting Guide by Itself!)
Excel Spreadsheet Templates:
• Calculation of Days Supply of Inventories and Receivables - Contains formulas for 9 Inventory Accounts
• Expense Allocations – For Utilities, Insurance, DMS, Phone
... Plus Dept Employees... and Others
​
•Parts Reconciliation – Monthly Sheets Plus Month-by-Month Appreciation/Depreciation Recording
• Set of Financial Control Checklists (Total of 16) ...Daily/Monthly/Quarterly/Etc...Plus Other Specific Areas of Control and Planning
These Excel Spreadsheets on a USB Drive are worth the price of the Accounting Guide by themselves!
​
NO EXTRA CHARGE WHEN YOU ORDER
Only $500
Free Shipping USA/CANADA
If for any reason you are not 100% satisfied with your purchase, just return the Accounting Guide for a
FULL AND NO QUESTIONS ASKED REFUND.
Profit Blueprints LLC. and DealersEdge LLC. are both
committed to delivering Actionable, Valuable and Up to date critical professional resources. Your complete satisfaction is fully guaranteed!
Auto Dealership Accounting is a highly specialized and disciplined field. Many of the financial measurement and management tools used by successful dealerships and auto groups are specific to a retail automotive business and are not likely to be found in more generalized sources of accounting information.
The Accounting Guide for Dealership Controllers and General Managers is written specifically for you and, indeed, speaks your language... the language of today’s auto dealership management professionals.
Keep This Guide Within Arm’s Reach...
and you will have a ready reference to conquer any
of the many challenges that Automotive
Controllers and General Managers face on a daily
basis!
Special Note to DealersEdge Members:
This publication and copyright are not the
property of DealersEdge and therefore cannot be
offered as a DealersEdge VIP Season Ticket Benefit.
Only available via purchase.
Only $500
Free Shipping USA/CANADA