BHPH DMS: Tennessee County Taxes
By Jennifer Margettes - July 3, 2013

Tennessee is among one of the few states with tiered tax rates. Lately there have been questions from a few of our Tennessee customers asking if Deal Pack correctly calculates county tax. The answer is yes. For each county, Deal Pack allows you to enter the starting and ending taxable....

BHPH DMS: New Automated Credit Reporting File
By Bethany Richardson - June 27, 2013

Many times I get calls from our customers stating they forgot to report credit or the person who used to be responsible for reporting credit is no longer there. Sometimes I even get calls stating they have been so busy they haven’t even reported in months. Well, Deal Pack now....

BHPH DMS: Handling Customer Payments Over the Phone
By Hope Ramirez - June 18, 2013

Deal Pack provides several convenient options for processing payments by phone:   Check by Phone – ACH payments can be deducted from your customer's checking or savings account. A membership with Paytek Solutions, enrollment to enable the integration and a one time set up of your customer's bank information in....

BHPH: How Real Time Accounting Makes for Improved Internal Controls
By Jillian Palmer - June 14, 2013

Regardless of how many cars you sell or the complexity of your operations, to run a successful business you must have in place internal controls to protect your assets and profits from theft and fraud. What would be the point of creating a business if you leave it open for....

Finance Company Software: Loan Servicing
By Greg Morris - May 28, 2013

As a finance company, you may be wondering how you can earn cash without having to deal with the risk of taking on the entire loan. One way to do this is to service the loan for an originator. Servicing a loan means taking on the task of collecting the....

BHPH Credit Applications: How long are you required to keep them on file?
By Helga Buck - May 17, 2013

With the ever changing rules and regulations in the automotive industry, it may be difficult at times to keep up with the storage of credit applications. We have been asked many times how long credit applications are to be stored. I have done my research and it comes to no....

BHPH DMS: Tips for Keeping up with your Business
By David - May 14, 2013

Keeping track of your buy here pay here dealership transactions is key to running a successful dealership. Deal Pack allows you stay on top of things with the variety of reports it allows you to run. Along with running financial reports, you have the opportunity to run reports to keep....

BHPH DMS: Deal Pack Now Offers Future One Time Credit Card Payments!
By Ashton Azizi - May 3, 2013

Are you currently signed up for Deal Pack credit card processing? Deal Pack now allows you to setup Future One Time Credit card payments. So, what does this mean for you?   Let's say you are calling a customer and he says he can make a one time PTP (Promise....

Is There a Difference Between a Repossession and a Charge Off?
By Amir Dabiri - April 22, 2013

That's an excellent question, and the answer is yes. There is a very distinct difference between the two terms. A repossession implies that the vehicle has been recovered or returned to the financier. In this scenario, the vehicle is appraised and given an ACV or Actual Cash Value. The customer's....

Deal Pack and DealerTrack: Integration News
By Bethany Richardson - April 15, 2013

Your dealership’s business is picking up, and it’s time to start looking outside of your normal financial institutions for financing of your potential customer. Look no further, because your answer is here! Dealertrack, among other things, is a web-based software solution, with a specialty in credit application processing, that dealerships....