Other

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Other

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This is the the generic Other Options tab in Frazer. It is available from Miscellaneous >> 1. System Options >>7. Other Tab

 

  The example below may not match your screen exactly as options may be customized for your state.

 

Click on an area of the Screenshot you have questions about!

M-1-7

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Automatically charge late fees every morning

When Frazer is first opened  each morning any customer who has exceeded the grace period for making a payment will be charged a late fee.

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Prompt to charge late fees every morning

Checking this box will ask if you would like to charge late fees to the appropriate customers or wait.  (Late fees can still be applied by going to Customers>>4 Generate Late Fees)

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Charge Late fees on

You can determine whether to charge late fees on the current amount due in cases where customers have made partial payments or on the full payment amount regardless.

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Late Fee Defaults

You can choose to apply late fee terms to any new Buy Here Pay Here deal by checking the box here and applying your desired terms.  Terms should include a percentage of the payment and a maximum amount as well as a grace period before late fees will be applied. You can also set it to a flat amount after the grace period.  Many state will limit the grace period and percentage/amount that can be charged.

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Treat Financing Cost as a Front End Cost

Frazer will apply a “Cost” to deals with outside lien holders that represents the difference between the amount you would have received if you had financed the deal yourself and the amount you will be receiving from the lien holder.  You can choose to apply this cost as either an initial cost of the sale when calculating profit or as a back end cost.

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Ignore commission when calculating profit

Check this box if you would like to exclude the amount that is owed to salespeople when determining the profit on a sale.

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Show Insurance Screen automatically if insurance is expired

Checking this box will open the insurance information screen when opening any customer’s account in which the insurance on file has passed its expiration date.

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Print Totals on Transaction History (C-1-F-P)

When printing the report of a customer’s payment history you can choose to total each column at the bottom by checking here.

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Display Reminder Window if no backup has been performed in over a week

Frazer will automatically perform online and/or local backups.  If something has occurred where no backup has been completed in over a week Frazer will warn you to investigate.  

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When canceling a sale back to a prospect file open prospect in Enter Sales

Checking this box will open a sale automatically after it has been canceled.

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Original Cash Position Options

The following options allow you to customize how you look at sales and determine the amount of money you have invested or have made in a particular sale.  
You can choose to include or exclude the commission paid, payoff on a trade, lot fees, government fees like registration and title fees, and repairs incurred after the sale as a cost to the deal.  
Similarly, you can choose to include or exclude the value of the trade, any deferred down payments and reserve payments received from lenders as credits to the sale.  

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Sale Recap/Pricing Recap Options
Use these options to to include customer and dealer emails on the sale/pricing recaps if you'd like.

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Customer Look Up Window Options

When opening the Customer Activity window you can customize it with the options included here. The balance owed can be changed to include any amounts owed as deferred down payments, amounts owed as repair fees, amounts owed as repossession or late fees, or amounts entered as “Other Receivables”.  
You can select which type of sale to show when first opening the customer look up window and determine whether to highlight outside finance deals with a specific color.

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Used Car Dealer Software by Frazer Computing, Inc.