INVENTORY CONTROL

• Monitor inventory additions and changes by printing list of activity
• Auto search by sold or unsold
• VIN, last 6 of VIN, license plate, make, model, year, color
• Enter/Code for unlimited locations
• Track buying history with coding for multiple buyers and type purchase
• Track and record unlimited repairs for each car
• Print inventory list sorted by days in inventory, cost or selling price
• Print and track Repair Order Maintenance
• Print floor plan sorted by number of days floored
• Print Warranty and Buyer's Guide

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FINANCING & INSURANCE

• Quick Quote option for payment calculation without contract info
• Enter sales tax calculatioons for 36 counties
• Direct Link to all three credit bureaus for inquiries
• View APR on calculated, disclosed and add-on rate calculations
• Print all state sales forms including bank contracts, title app, and affidavits

CONTRACT SCREEN OPTIONS

• Choose cash, wholesale, regular note or outside financing type notoes
• Use weekly, bi-weekly, monthly and semi-monthly payment frequencies
• Calculates by payment amount or the number of payments
• Use APR or Add on interest rate when calculating contracts
• Calculate payments using sales tax deferred or advanced sales tax
• Calculate VIT with computer tracking subsequent sale exemptions by VIN
• Assign dates to deferred down using various amounts
• Calculate credit life, accident, health, disability, and GAP insurance
• View profit percent calculations with months in contract
• Enter unlimited number of deferred down payments

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NOTES - ACCOUNTS RECEIVABLE

ACCOUNT MAINTENANCE

• Update complete account info at time of payment (i.e. address, phone number, promise to pay, call back, memo)
• Automatically track every account change on detailed ledger card
• All old addresses, phone numbers, status change, memo, etc.
• Code accounts with privacy protection label
• Code with On-Repo red flag warning no payments prior to Repo
• Customer payments by check disallowed
• Charge late fees to past due accouonts according to dealer set-up
• Reverse insufficient checks with ease applying returned check charges
• Detailed ledger card showing principal and interest detail
• Track account status (i.e. amount riding, interest paid to date, late charges etc.)
• Adjust due date schedule if needed
• Re-finance account feature
• Write-Off Repo and add car back into inventory with one transaction
• Daily adjustment of pay-off balance calculated by entering projected pay-off date
• Record payoff quote on ledger card
• View payoff detail...financed balance, daily interest, amount paid on note, etc.

CUSTOMER SIDE NOTES

• Ability to carry side note with separate payment schedule
• Payment receipts with due date and balance detail for both note and side note
• Adjust side note due date schedule if needed

REPORTS & MANAGEMENT

• Various ways to status accounts for sorting and printing reports
• Print payment list by employee, location or combined totals
• Print payment coupons and amortization schedules
• Balance cash drawer for each payment clerk or by location only

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CREDIT & COLLECTION

CREDIT BUREAUS

• Direct link to all three bureaus for idividual updates
• Report monthly to bureau both good and bad credit
• Win-Credit (Windows based credit bureau program for CARS users)

DELINQUENT ACCOUNT MANAGEMENT

• Deliquent accounts sorted daily by collector if desired
• Easy Promise to Pay, Call Back and First Payment Default reports and letters
• Pull Deliquent Accounts by Payment recency not just deliquent balance
• Customized mail-ready deliquent notices with automatic posting on ledger card
• Accounts sorted in a que for each individual collector to work
• Collection notes recorded and stamped with date, time and collector initials
• Run collection reports showoing total delinquency with individual collector totals
• Send out Repo letter documenting date and letter sent on ledger card
• Track and print On-Repo accounts sort by repo man assignment and date given

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MANAGEMENT REPORTS

SECURITY & CUSTOMIZATION

• Secuirty customized by top management
• Limited access by locations if desired
• Contract terms personalized (interest rate, delinquent charges, Add-on or APR etc.)
• Choose interest method (simple, straight or Rule of 78)
• Customize unlimited customer letters pulling account info using present variables

REPORTS

• Manage delinquent accounts per collector by payment recency and days delinquent
• Project payments due
• Sales ledger with profit percentages, amount riding figures and number of weeks to recover cost
• Pull maturing accounts for trade-in or future sales marketing letter
• Print expired insurance list and/or send letters
• Print Detailed Seller Financed Report
• Print Inventory Tax Report tracking subsequent sales by VIN#
• Comprehensive Activity Report printed for per employee or per location
• Pull Written-Off accounts list with profit calculations

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ACCOUNTING INTERFACE

CPS ACCOUNTING PACKAGE

• Eliminates double entry
• Repairs booked to your Accounts Receivable as an Additional Charge to customer from Accounts Payable therefore eliminating your losses
• Individual transaction detail interface
• Repairs booked as detailed Repair Orders from Accounts Payable
• Budget projections and tracking of $$ spent YTD
• Track numerous companies, departments and employee expenses combined or separate
• Purchase by the individual module

INTERFACE PACKAGE FOR QUICKBOOKS® OR PEACHTREE®

• Transaction detail created and printed per stock number and per Chart of Account Number affected either Debit or Credit
• Transactions moved into accounting package as individual journal entries
• Eliminates double entry

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SERVICE/REPAIR SHOP

• Interfaces with the CPS CARS software
• Interfaces with Accounting software
• Track parts inventory based on cost and retail
• Eliminates double entry
• Manages cost and retail on both labor and parts
• From one invoice bill both customers and warranty companies
• Balance cash drawer with printed daily activity
• Track history by client or vehicle

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PRICING

CPS CARS Software
F & I Software Only
Each Additional User License
Finance Company

CPS CARS Software
Accounting Interface
Service/Repair Shop