Floor Plan Interest and Insurance charges
Floor Plan Interest and Insurance charges
- Accounting > AP Transactions > New Payment Icon
- Click on the Add item icon
- Select the Floor plan Vendor from dropdown box and click on refresh
- Find the note/invoice that the interest or insurance applies to, check the check box and click OK
- Click the adjustment check box and select the interest or insurance GL expense account from the drop down list.
- Enter a ref (e.g. Interest on floor plan)
- Enter the interest or insurance amount in the amount paid column as a negative and click on the post payment icon.
Note: Since we are posting the interest or insurance in the Accounts payable payment module, Dealervu assumes that the payment or reduction to the floor plan is a positive amount. Therefore if we need to increase the floor plan, we need to post a negative amount.

What can go wrong & what can you do about it?

What can go wrong & what can you do about it?
We can post the adjustment to an incorrect account or post the amount as a positive instead of negative
Contact Support for more information:
North America - 855.322.1217
Australia/Asia Pacific - 61.2.9037.2450 extension 2
Fax Line - 866.896.1045 (notify support@dealervu.com when faxing documents)
Contact Support for more information:
North America - 855.322.1217
Australia/Asia Pacific - 61.2.9037.2450 extension 2
Fax Line - 866.896.1045 (notify support@dealervu.com when faxing documents)
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