Accounting For Car Dealers

Accounting For Car Dealers
FAS CPA & Consultants

🚗 Accounting Services for Car Dealerships Complete Bookkeeping & Tax Solutions for Auto Dealers in the U.S.

At FAS CPA & Consultants, we understand the complex financial landscape of the automotive retail industry. Our Accounting for Car Dealers service helps you manage your dealership’s cash flow, inventory costs, floor plan financing, and sales tax filings—while giving you real-time insight into your business performance.

Whether you’re running a franchise dealership, a used car lot, or importing/exporting vehicles, our CPA-led team delivers accuracy, compliance, and strategic support.

Service Details

Bookkeeping & Financial Management

⇒ Daily transaction recording and account reconciliation

⇒ Profit & loss statements tailored to sales, cost of goods sold (COGS), and commissions

⇒ Floor plan liability tracking and interest expense reconciliation

⇒ Customized reports for inventory turnover and gross profit per vehicle

⇒ Monthly close and audit-ready books

⇒ QuickBooks or DMS (Dealer Management Software) integration

Tax Compliance & Advisory

⇒ Federal, state, and local sales tax reporting and remittance

⇒ Income tax planning and preparation for dealerships and their owners

⇒ Payroll tax filings and employee compensation structuring

⇒ Tax strategies for buy-here-pay-here (BHPH) and finance income

⇒ IRS audit preparation and support

Financial Strategy & Support

⇒ Cash flow analysis for operations and inventory cycles

⇒ Budget forecasting and KPI tracking (e.g., inventory aging, F&I income)

⇒ Entity structuring for liability protection and tax efficiency

⇒ Guidance on multi-location dealership financials and consolidation

⇒ Support for dealership acquisitions, mergers, or exits

👉 Schedule a Free Consultation

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🧩 Specialized Support for Complex Businesses

We go beyond basic bookkeeping with tailored expertise for:

New & used car dealerships

Franchise and independent auto dealers

BHPH dealers and auto lenders

Car Dealers & Retailers – Automate transaction imports and inventory tracking

Dealerships with in-house financing or leasing

🔄 How It Works

Initial Consultation – We assess your needs and accounting systems
Onboarding & Cleanup – We migrate your books and correct errors
Monthly Services – Bookkeeping, statements, and advisory check-ins

🌟 Why FAS CPA & Consultants?

CPA-Firm – All services overseen by licensed accountants

Bilingual Expertise – We serve clients in English and Spanish across the U.S. and abroad

Customized Reports & Dashboards – Get monthly summaries and KPIs that matter to you

Dedicated Advisor – One point of contact for consistent support

Secure, Cloud-Integrated Workflows – Safe document sharing and real-time access

Subscription Plans

Platinum

$1.5K

/ Per Month

Gold

$850

/ Per Month

Silver

$450

/ Per Month

📈 Need Strategic Financial Oversight? Add Fractional CFO Services to Your Accounting Plan

Looking for more than just accurate books? Our Fractional CFO Services are the perfect next step for growing businesses that need financial strategy, cashflow control, and executive-level insights—without the cost of a full-time hire.

🚀 What’s Included in Our Fractional CFO Services:

Budget creation and variance analysis: A Fractional CFO helps design a realistic financial budget that aligns with your company’s goals. Beyond preparing the budget, they also perform variance analysis — comparing actual results against the budget — to identify deviations, understand the reasons behind them, and recommend corrective actions. This ensures the company stays on track financially.
Cash flow management and optimization: Managing cash flow is crucial for day-to-day operations and long-term growth. A Fractional CFO monitors incoming and outgoing cash, identifies potential shortfalls, and implements strategies to optimize liquidity. This may include adjusting payment terms, planning for seasonal fluctuations, and ensuring sufficient reserves for investments or emergencies.
Financial performance review: The Fractional CFO regularly reviews financial statements and key performance indicators (KPIs) to assess the company’s overall financial health. They highlight trends, strengths, and areas of concern, and provide actionable recommendations to improve profitability, efficiency, and sustainability.

📌 Ideal for:
Startups, real estate firms, crypto companies, international businesses, and any company ready to scale with precision.

📈 The Fractional CFO Services is $1.5K in addition to your Accounting Plan. Click to go Fractional CFO service page

We work with these software systems: QuickBooks, Xero and AppFolio

We Are Just A Message Away From You

Chat Directly With our CPA.

Send us yours questions.

Talk to our experts directly.

Clients Feedback

Our Clients Reviews

Fulton is a wonderful CPA who fully understands tax law and provides honest advice for his clients.

Al Kusner

President

Thanks to FAS & CPA Consultants and Fulton Abraham Sanchez, CPA, I was able to resolve a debt of $479,677.71 that I had with the IRS.

Gala Cedeño

Entrepreneur

My experience with FAS CPA & Consultants has been incredible, their professionalism is impeccable. I highly recommend them.

Carlos Lange

Manager

I highly recommend FAS CPA & Consultants, they are responsible, efficient and very dedicated.

David Barcelo

Manager