One ledger, every kind of money
Every transaction type a used car business has is a first-class entry in VehicleERP - not a memo line in a generic accounting package. The ledger and settlement view shows exactly what moved for a car and what is still owed.
| Group | Transactions | What it tells you |
|---|---|---|
| Vehicle trading | Purchase · Sale · Expense · Commission income · Company profit | Real profit on every car |
| Partners & investors | Investment · Partner loan · Loan return · Partner profit share · Company profit share | What each partner put in and is owed |
| Finance & compliance | Credit & debit (borrowing / returning) · Extra income · GST payment | Cash position and GST filed against the right sales |
| Expenses & payroll | Office expense · Staff salary · Partner salary | Overheads tied back to branches and profit |
GST for used car dealers, handled properly
Most used car dealers sell under the GST margin scheme: tax applies to the margin between purchase and sale, not the full price, and there is no tax when the margin is negative. VehicleERP records GST against the specific sale and tracks GST payments, so your bills and your filings agree. Read the GST billing page for the detail, or check a deal with the margin scheme calculator.
Cash position you can trust
- Advances received and balances due, per buyer and per seller.
- Money borrowed and returned, with a running reconciled balance.
- Income outside vehicle sales (extra income) so nothing is missed.
- AI flags duplicate entries and unusual amounts before they become costly mistakes.