Why:
When a vehicle order is created, details of all vehicles that are being traded-in can be input into the order.
Where:
From the Vehicle Order View, open the vehicle order you want to work with. This will display the Vehicle Order Maintenance window.
How to Add Tarde-in Details to a Vehicle Order:
In the Vehicle Order Maintenance window select the Trade-In tab. Here, any trade-in details already input are listed.
To add details of another trade-in, select File > New > Trade-In, or click the down-arrow next to the New icon and select Trade-In. This will display the New Trade-In window where details of the trade-in are input. The Workshop Vehicle File can be searched by using the Lookup button. If the vehicle details already exist in the workshop system, click ‘Retrieve’ to update the trade-in with these details, and select a Make and Tracking status for the trade-in vehicle. Click OK to create the new trade-in.
If your market uses automatic stock ID allocation, Fusion will allocate a stock ID to the trade-in. Otherwise you'll have to input the desired stock ID. The system may offer a suggested value, but you can enter a different value if you wish.
This trade-in will now be listed in the vehicle order view, where it can be opened and updated.
If you want to add more vehicle details relating to the trade-in, open the record and input the information as required.
Up to 5 trade-ins can be input against a single vehicle order.
Once the vehicle details of the trade-in(s) have been input, you can also input values for the trade-in price and any write-down loss. This is done within the Financial tab.
Click on the Financial tab. All the Trade-Ins against this order are listed in the Trade-In Details section.
To input the purchase price open the Trade-In Price window by right-clicking the trade-in record and choosing Open. Input the tax-exclusive amount offered on the vehicle as well as any write-down value and click OK. Write-down may be negative if the price offered is lower than current market value.
If your system is set-up to post trade-in financial values to the finance system, the default Payment Code, Account Code and Tax Code for the trade-ins are also displayed in the Financial tab. These values can be amended if required.
Trade-in VAT is calculated based on the default VAT code for the trade-in vehicle. This code can be overridden if you need to calculate VAT on the trade-in at a different rate.
Write-down loss may optionally be shown as a deduction from gross profit on the vehicle deal. If this facility is enabled, write-down loss is shown in the financial tab. If a negative value is input in the Write-Down Amount field, it will increase the gross profit.
What else would you like to do?
Financial Details of a Vehicle Order.
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