Difference between revisions of "How do I create a new Unit Sales finance company?"

From Catalyst
Jump to: navigation, search
m
 
(33 intermediate revisions by 5 users not shown)
Line 1: Line 1:
 
== Summary ==
 
== Summary ==
−
This article explains how to create a '''New Finance Company''', which can then be used when creating sales orders or invoices for vehicles.
+
This article explains how to create a '''Finance Company''' code, which can then be used to specify who a deal is [[Selling a unit#Finance|financed]] with when creating sales orders or invoices for units.
 +
 
 +
{{Warning|text=Please note this is purely to allow the system to split an invoice between a customer and finance company. All finance documents and payment schedules should be processed with your finance company.}}
  
 
== More Information ==
 
== More Information ==
−
To add a new '''Finance Company''', go to {{Menu|Vehicle Sales|Maintenance Options|Add or Edit Finance Rates|HP File Amendments}}.
+
{{Units}}
 +
To add a new '''Finance Company''', go to {{Menu|{{VS}}|Maintenance Options|Add or Edit Finance Rates|HP File Amendments}}.
 +
 
 +
* At {{DataPrompt|Finance Code}}, enter a unique code for the finance company (max 8 characters).This is the code you will enter when specifying who is [[Selling a unit#Finance|financing]] a deal on a unit order or invoice.
 +
 
 +
{{Example|text=For Black Horse Finance the code could be BL HORSE.}}
 +
 
 +
* At {{DataPrompt|Description}}, enter the finance company name and brief description. This can simply be the name of the finance company.
  
−
* At {{DataPrompt|Finance Code:}}, create 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.
+
{{Example|text=For Black Horse Finance the description could be Black Horse Finance 12 months.}}
  
−
{{Example|text=''For Black Horse Finance the code could be BLACK012.''}}
+
* This will not be printed on a customer's document.  It is used to help you identify the correct finance code to use.
  
−
* At {{DataPrompt|Description:}}, give the finance code a description, this can simply be the name of the finance company and the amount of months the finance will be for.
+
* At {{DataPrompt|Finance Company}}, enter or [[How do I find a customer?|search]] for the Customer Account Code for the finance company who will be responsible for the Finance scheme.
 +
** If you have not yet created a customer account for this finance company please follow [[Creating a new customer or supplier|this]] article.
  
−
* On the {{DataPrompt|Finance Company:}}, enter in the '''Sales Account''' for the finance company who will be responsible for the Finance scheme that is being created.
+
{{Note|text=The account name and address for the supplier code will be printed on the customer document.}}
  
−
* On the {{DataPrompt|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.'''
+
* At {{DataPrompt|Period In Months}}, enter the amount of months that the finance scheme will be set up for. This could be anything from '''12 to 60 months.'''
  
−
{{Note|text=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 vehicle when selling the vehicle.}}
+
{{Tip|text=If you are unsure what to enter here we recommended entering '''12 months.'''.}}
 +
 
 +
{{Warning|text=You '''do not''' need to fill anything else in on this page! Leave the remaining fields untouched.}}
  
 
* Press {{KeyPress|Esc}} and click {{Button|Accept}}.
 
* Press {{KeyPress|Esc}} and click {{Button|Accept}}.
−
* This will take you back to the {{DataPrompt|Finance Code:}}. Press {{KeyPress|Esc, Esc, Esc}} to return to the {{VS}} main menu.
+
* This will take you back to the {{DataPrompt|Finance Code}}. Press {{KeyPress|Esc}} to exit.
  
−
{{Note|text=When you go to add finance to a ''Vehicle Invoice'', the new finance code will be available.}}
+
{{Note|text=When you wish to add finance to a ''Unit Invoice'', the new finance code will be available. Tick the {{DataPrompt|Financed}} box and press {{KeyPress|F1}}/{{KeyPress|S-F1}} to scroll through the available finance codes.}}
  
 
== See also ==
 
== See also ==
−
* [[Selling a Vehicle]]
 
  
−
{{KB_VS}}{{KB_Tags|Finance, Company, Finance Company, Order, Invoice, Invoicing, Rate, Rates, information, info, Hire, Purchase, FINA, FIN, COMP, CREATE, NEW, ADD, VEHICLE SALE, ORDER, INVOICE, DEL, DELIVERY ADDRESS, ADDRESS, ADRESS}}
+
* [[Recommended unit sales routines]]
 +
* [[Creating a new unit]]
 +
* [[Creating a used unit]]
 +
* [[Selling a unit]]
 +
* [[How do I find a customer?]]
 +
* [[Selling a unit#Finance|Adding Finance to a Deal]]
 +
 
 +
{{KB_Tags|unit, vehicle, wholegood, caravan, agricultural machine, tractor, trailer, car, suv, motorcycle, motorbike, scooter, truck, van, lorry, motorhome, quad, atv, boat, tricycle, quadricycle, bicycle, bike, plant, finance, company, finance company, order, invoice, invoicing, rate, rates, hire, purchase, black horse, close, hp}}
 +
{{FAQ}}{{How}}{{KB_VS}}{{ZN_Admin}}

Latest revision as of 17:10, 5 December 2022

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.

Please note this is purely to allow the system to split an invoice between a customer and finance company. All finance documents and payment schedules should be processed with your finance company.

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 (max 8 characters).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 BL HORSE.
  • At "Description", enter the finance company name and brief description. This can simply be the name of the finance company.
For Black Horse Finance the description could be Black Horse Finance 12 months.
  • This will not be printed on a customer's document. It is used to help you identify the correct finance code to use.
  • At "Finance Company", enter or search for the Customer Account Code for the finance company who will be responsible for the Finance scheme.
    • If you have not yet created a customer account for this finance company please follow this article.
The account name and address for the supplier code will be printed on the customer document.
  • At "Period In Months", enter the amount of months that the finance scheme will be set up for. This could be anything from 12 to 60 months.
If you are unsure what to enter here we recommended entering 12 months..
You do not need to fill anything else in on this page! Leave the remaining fields untouched.
  • Press <Esc> and click [Accept].
  • This will take you back to the "Finance Code". Press <Esc> to exit.
When you wish to add finance to a Unit Invoice, the new finance code will be available. Tick the "Financed" box and press <F1>/<Shift+F1> to scroll through the available finance codes.

See also


Feedback
Thank you for using our Knowledge Base, we value your feedback. Did you find this article useful? 'Yes' or 'No'
Keywords AND Misspellings
unit, vehicle, wholegood, caravan, agricultural machine, tractor, trailer, car, suv, motorcycle, motorbike, scooter, truck, van, lorry, motorhome, quad, atv, boat, tricycle, quadricycle, bicycle, bike, plant, finance, company, finance company, order, invoice, invoicing, rate, rates, hire, purchase, black horse, close, hp
Retrieved from "https://www.catalyst-uk-support.com/kb/index.php?title=How_do_I_create_a_new_Unit_Sales_finance_company%3F&oldid=43747"