In this article we will be covering how to floor plan major units in Lizzy. Now, first of all, in Lizzy the terms “Floor Planning” and “Refinancing” are used interchangeably. So anywhere in Lizzy you see the word “Refinance”, it…
Importing GL Balances
Lizzy has an import feature that will allow you to import balances into your General Ledger. This tool was designed with the idea that if you came onto Lizzy after the first of the year, you would be able to…
Financing and Flooring With The Same Supplier
As your business grows, you will more frequently find yourself in a position where you have a floored unit, and when you sell that unit, your customer uses the same company to finance their purchase. And when all is said…
Departmentalized Profit & Loss
( Or why my Department P&L doesn’t match my Company P&L ) The P&L handles reviewing what took place in your business from Sales and Expense stand point ( meaning what did you sell, what did that cost you to…
How Lizzy Understands Item/Unit Excise Taxes
If your dealership is in one of the simple tax rate states, count yourself lucky, and you don’t need to worry about this. However, if your dealership is in a state where the unit is taxed at a different rate…