How do I create a new Unit Sales finance company?

Summary

This article explains how to create a Finance Company code, which can then be used to specify who a deal is financed with when creating sales orders or invoices for units.

More Information

Units: Unit is a general term used to cover all types of vehicle and machinery, including items such as motorcycles, scooters, cars, trucks, vans, caravans, motorhomes, boats, tractors, ATVs, agricultural equipment, wholegoods and construction equipment.

To add a new Finance Company, go to " Unit Sales Maintenance Options Add or Edit Finance Rates HP File Amendments".

• At "Finance Code:", enter a unique code for the finance company or deal that is up to eight characters long, using part of the finance company's name and a number. This is the code you will enter when specifying who is financing a deal on a unit order or invoice.

For Black Horse Finance the code could be BLACK012.

• At "Description:", enter the finance company name and brief description . This can simply be the name of the finance company and the amount of months the finance will be for.

For Black Horse Finance the description could be Black Horse Finance 12 months.

• This will not usually be printed on a customer's document. It is just used to help you when searching for the correct finance code to use.

• On the "Finance Company:", enter or search for the Customer Account Code for the finance company who will be responsible for the Finance scheme that is being created.
  • If you have not yet created a customer account for this finance company please follow this article.

The account name and address will be printed on the customer document.

• On the "Period In Months:", enter the amount of months that the finance code will be set up for. This could be anything from 12 to 60 months.

As a general rule it is advised that nothing else on this page is altered as it will affect the amount that is financed on the unit when selling the unit.

• Press <Esc> and click [Accept].
• This will take you back to the "Finance Code:". Press <Esc> to exit.

When you go to add finance to a Unit Invoice, the new finance code will be available.

See also

• Recommended unit sales routines
• Creating a new unit
• Creating a used unit
• Selling a unit
• How do I find a customer?
• Adding Finance to a Deal

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