Enabling Midas franchise owners to focus on strategic objectives, while we eliminate all their accounting woes

200+
Midas Franchise Locations Served
35+
Midas Franchise Owners
70+
Midas Accounting Team
Since
2010
Leading Auto Care Accounting

Midas Accounting Services

Full-Service Accounting

Complete accounting solutions including parts tracking, vendor reconciliation, inventory control, and financial reporting across locations.

Parts Purchase & Return Tracking

Detailed reporting of parts purchases, vendor reconciliation, and tracking of returned items to ensure accurate cost allocation.

Daily Sales and Cash Reconciliation

Accurate tracking of daily sales, cash deposits, and account reconciliation to maintain clean books and reduce discrepancies.

Inventory Control

Monitoring parts movement, open returns, and exception reporting to prevent shrinkage and ensure accurate inventory valuation.

Returned Part Management

Systematic tracking and reconciliation of returned parts to vendors with proper credit application and audit trails.

midas-services

3-Way Matching and Credit Memos

Matching purchase orders, invoices, and receipts to validate transactions and applying vendor credits with full transparency.

Part-Level Margin Reporting

Analyzing margins at the part level to identify profitability trends and support smarter purchasing and pricing decisions.

Reimbursement and Cash Deposit Tracking

Managing reimbursements and tracking cash deposits to ensure transparency, reduce errors, and maintain financial control.

Business Intelligence Software for Midas Franchises

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location

Multiple Locations in One Consolidated View

Manage your entire locations from a single platform with real-time service reports, location-level transactions, and accurate parts and labor expense tracking.

dashboard

Custom Dashboard

Track service revenue by location and quarter, royalty fees, marketing contributions, cost of parts and labor, and identify top-performing services.

improvement

Improvement Opportunities

Spot under performing centers, compare performance to budgets or past periods, and uncover insights to boost service revenue and efficiency.

business

Business Forecasting

Use historical service data to project sales, operating costs, and net profit for up to 24 months across your car care network.

compliance

Compliance Reminders

Set alerts for GST filings, franchise fees, vendor submissions, and auto service regulations 5-10 days before deadlines.

Benchmarking

Benchmarking

See exactly how each location performs against industry standards and your top performers—in real-time. You can also set budgets as a benchmark.

Strategic
Advantages

advantages

Timely, accurate financials and actionable insights for better decision-making

Maximize service bay profitability through real-time operational insights

A three-pronged approach to streamline car care accounting workflows

Access to deep car care dom ain expertise and vendor management

Implementation of car care-specific best practices and cloud-based tools

Blended shore accounting team for scalable, cost-effective support

Experts operate within a highly secure network and infrastructure

Focus more on expanding your car care business strategically

Optimize parts usage and labor costs across all shop locations

Flexibility to support single and multi-location shops

Achieve 30-50% cost savings on accounting operations

Clients' Speak

I own 11 Midas in Minneapolis along with my Son and Brother. We made a decision to use PABS as our bookkeeping firm a few months ago and I must say that it has been one of the better decisions we made in a long time. PABS has been incredibly professional, responsive and they understand our business that’s probably the most important thing. Because they do so many Midas franchisees books, they get all the unique things with Midas making this transaction incredibly smooth and very positive. We are delighted with our decision and couldn’t be more happier with PABS to launch this new endeavor. I would highly recommend considering PABS for your bookkeeping services.

Joe Stranik

Owner, Midas Minneapolis

Software Agnostic

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intuit
re-guru
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tirehub
entirenet
cccone
billcom
tekmetric
carquest
atd
tbc-corporation
mkey
vast enterprise
mitchell
oreilly
autopart
autozone

Find Lost Profit Before You Lose
Another $5,000 Monthly Per Location

Discover how a smarter approach to parts, inventory, and operations can unlock the profits your shops deserve.

Schedule a Meeting