Reserve Calculation Methods in Frazer
Frazer can calculate Reserve on an Outside Financed deal in 4 ways :
4.As a Mark-up from Buy Rate to Sell Rate Using the Ratio Method(Only used when your bank requires it)
*Reserve on the Customer Activity Screen
-When you receive a check from the lienholder, you’ll be able to allocate it to either the reserve, or the contract amount when you enter that payment in A) Enter PAYMENTS and Other Transactions.