How do I create a new Unit Sales finance company?

Summary

This article will talk you through creating a New Finance Company, which can then be used within the "Vehicle Sales" Module to finance a vehicle out to a customer.

Additional Information

To add a new Finance Company you will need to go to "Vehicle Sales" -> "Maintenance Options" -> "Add or Edit Finance Rates" -> "HP File Amendments". Once here you will be displayed with various options, these need to be entered as follows;

• On the "Finance Code:" create a unique code for the finance company that is up to eight characters long, using part of the finance company's name and a number is a good idea.

For Black Horse Finance the code would be BLACK012.

• On the "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.

• On the "Finance Company:" enter in the Sales Account for the finance company who will be responsible for the Finance scheme that is being created.

• On the "Period In Months:" enter the amount of months that the finance code will be set up for. This will be in 12 month periods ranging from 12 months up 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 vehicle when selling the vehicle off.

• Once happy with the details entered press <Esc>, a prompt will appear asking "Do you want to accept or ignore any changes made?". Click [Accept].
• This will take you back to the "Finance Code:" press <Esc, Esc, Esc> to return to the "Vehicle Sales" main menu.

Now when you go to add finance to a Vehicle Invoice the new finance code that you have just created will be made available.

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Keywords AND Misspellings

Finance, Company, Create, New, Add, Vehicle Sale, Order, Invoice