<< Click to Display Table of Contents >> Navigation:  »No topics above this level« QuickBooksTM Interface Introduction

 

 

Lot Wizard Pro offers an interface with QuickBooksTM to keep accounting records.

➢The system keeps its own set of internal accounts in a general ledger within the database.

➢Internal accounts are built upon the standards set by the National Independent Automobile Dealers Association (NIADA) for dealership accounting.

➢You have the ability to map or translate each internal account in the system to a specific account in the QuickBooks program.

➢Once translation of accounts has been set up, the system can then transfer financial information from the deal screens into your QuickBooks General Ledger accounts.

➢Before setting up any of the accounting features of the system, make sure that you have the latest system updates.

➢You must open QuickBooks along with your dealership's data file before you can begin using these functions.

Other Important Issues:

You must be logged into QuickBooks in single-user mode with administrative privileges in order to allow Lot Wizard Pro to make a connection to QuickBooks.

When you first try to make a connection between Lot Wizard Pro and QuickBooks, QuickBooks will alert you that another program is trying to access your dealership's accounting data.

➢Only an administrator can allow a connection to proceed.

➢No further accounting interface functions will work until the administrator allows the system to connect to QuickBooks.

 

The Lot Wizard Pro QuickBooks interface is not recommended for multi-user QuickBooks.

If you are using QuickBooks in a multi-user environment, make sure that:

1) All other QuickBooks users are out of Quickbooks.

2) QuickBooks on the local computer is in Single User mode, using the same company that Lot Wizard Pro connects to, before opening the Lot Wizard Pro Accounting Interface.

 

Steps for setting up the interface:

1.Set up a connection to QuickBooks

2.Map the system's internal accounts to your QuickBooks accounts

3.Post the deal information from the system to your QuickBooks general ledger