Straight answers on the paperwork and the numbers behind a South African dealership. Dealership management systems, SARS-compliant invoicing, VAT264, notional input VAT, voetstoots and what it takes to register as a dealer.
6 guides · written for independent dealers · no jargon
Each guide covers one thing properly, with the rules as they stand today and what they mean on your floor.
The software a dealer runs the business on: stock, reconditioning costs, invoicing, debtors and the statutory register. What a DMS does, when a spreadsheet stops coping, and what a South African dealer needs one to handle.
A SARS-aligned walk-through of every field that must appear on a motor vehicle invoice, including VIN, MM Code and voetstoots wording, and how cash, trade-in and financed sales differ.
If you buy used cars from people who are not VAT vendors, the VAT264 is how you legitimately claim notional input VAT. What the form is, when you need it, and exactly what goes on it.
A VAT vendor buying second-hand goods from someone who is not a vendor can claim notional input VAT. The 15/115 calculation, the paperwork it depends on, and where dealers most often slip up.
Voetstoots used to be ironclad. The Consumer Protection Act changed that in 2011. Where a dealer can still rely on it, where they cannot, and the wording to use today.
The paperwork pipeline for a new independent dealer: company registration, SARS, second-hand goods registration, and what to sort out before you take in your first trade-in.
AutoStock is the dealership management system these guides describe. Stock, reconditioning costs, invoicing, debtors, 2nd gross, the Second-Hand Goods Act register and notional input VAT, in one Windows program on your own computer. R2 500 a month, everything included.
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