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Finocket for Auto

How it works

Every stage of the business, before and after, and what runs by itself.

  1. 1.Purchase of spares and vehicles

    Before
    Orders placed by phone, bills filed in a folder
    With Finocket
    Purchase orders and bills against your suppliers, stock updated on receipt

    Automated

    • Stock rises when a purchase is received

  2. 2.Spares stock

    Before
    Shelf counts when something is missing
    With Finocket
    Parts by number, brand and fitting models, with low-stock levels

    Automated

    • Low-stock alert when a part falls below its level

  3. 3.Vehicle intake

    Before
    Job slip with registration number and complaint
    With Finocket
    Registration number, vehicle type, odometer and complaint typed on the estimate

    Automated

    Nothing automated at this stage yet.

  4. 4.Estimate and approval

    Before
    Phone call to the customer
    With Finocket
    Estimate link the customer approves or declines

    Automated

    • Approved estimate converts to the bill

  5. 5.Billing

    Before
    Carbon-copy bill book
    With Finocket
    GST invoice with labour and spares lines

    Automated

    • Spares stock drops on billing

  6. 6.Vehicle sales (dealers)

    Before
    Chassis register and a separate bill book
    With Finocket
    Each unit sold by its serial on the invoice

    Automated

    • Unit moves from in-stock to sold

  7. 7.GST returns

    Before
    GST worked out at month end
    With Finocket
    Returns prepared from your bills

    Automated

    • GST returns prepared from invoices

  8. 8.Collections

    Before
    Cash and UPI at the counter, noted in a book
    With Finocket
    Payments recorded against bills, with a payment link where needed

    Automated

    • Receipts matched to bills in reconciliation

  9. 9.Accounts and bank

    Before
    Cash book and passbook
    With Finocket
    Double-entry books and bank reconciliation

    Automated

    • Financier payouts matched to invoices

  10. 10.Branches and divisions

    Before
    One ledger for showroom, workshop and spares
    With Finocket
    Cost centres per division

    Automated

    • Reports filter by cost centre

  11. 11.Reporting and CA hand-over

    Before
    Year-end box of bill books
    With Finocket
    Live reports and your accountant invited in

    Automated

    • Accountant invited to read the books