Tracking costs, analyzing trends, and closing the month are easier than ever with ADP Drive Accounting
You rely on your Accounting department to make sure your dealership gets paid for its sales and service, and to make sure you’re up-to-date on your payables. Give your accounting team a new way to track costs, analyze trends, and close the month easier than ever with ADP Drive Accounting.
ADP Drive Accounting gives you an easy-to-use system for managing all dealership transactions, purchase orders, and expenses, as well as closing month-end financials. It’s also easy to monitor cash balances, credit memos, and more.
Save time and reduce errors with Drive Accounting
Your dealership records thousands of accounting transactions every month—including income statements, balance sheets, journals, and schedules. Drive Accounting makes it easy to keep track of every one, with:
Customer-by-customer and vendor-by-vendor entries for all standard accounting procedures, including:
- General ledger
- Receivables
- Asset management
- Balance sheet
- Trend analysis
- Expense tracking
- More!
Easy cost and expense control with Purchase Order system
- Track spending for all departments
- Account for costs at point-of-sale to ensure no third-party expenses are missed
- Eliminate unbilled purchase orders with our easy-to-use control features
- Manage both centralized and decentralized purchasing
Simple month-end closing from the Month-End Management Smart Desk
- Drive Accounting quickly shows you which month-end functions need to be completed
- Launch accounting functions right from the smart desk
- Smart Desk helps you close multiple locations
Get a handle on “runaway” expenses before they’re a problem with Trend Analysis
- Identify key expense trends, and examine them on a routine basis (e.g. office supplies, travel and entertainment)
- View expenses for each department
Use Key Accounting and Key Schedule exceptions to monitor controllable accounts and frozen assets
- Set-up access to accounts and schedule exceptions by user
- View the number of exceptions on the Fast Lane
Drive Accounting also includes many other functions that make it easy to save time and reduce errors.