Process Write-Off

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Process Write-Off

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Process Write-Off

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This screen is accessed from a customer's Customer Activity window by selecting b-customerprocessing and then selecting h-processwriteoff.

 

Use the Write-Off Processing window to close out a customer's account. There is also an option to automatically add the customer's vehicle back to inventory.

 

Classification is a required field, but all classifications are user-defined. The business can decide the different categories of write-offs to track.

 

If the car was recovered, enter the wholesale value of the vehicle. This amount is subtracted from the customer's balance, ensuring a correct write-off.

 

If the car is added back to inventory using this screen, the wholesale amount also doubles as the "original cost" of that vehicle.

 

ProcessWriteOff

 

dollarsClick Here to see how Write-Offs affect the General Ledger

To repossess a vehicle before completing the write-off, exit this screen,  select b-customerprocessing and then g-processreposession from the customer activity window.

Used Car Dealer Software by Frazer Computing, Inc.