Financial Parameters Form Flags Tab

Flags Tab

See also:

This tab is part of the Financial Parameters Form. It defines a number of warranty claim payment parameters.

Note to System Administrators: For system maintenance and security purposes, the content and function of this form require an access priority of 9. Information regarding priority 9 functions is normally restricted. If you require assistance, please contact Autoline Software Support.

Manual payments?: Use the drop-down to select one of the following:

N Use Import file: Use an electronic file containing payments information received from General Motors via Comms

O Manually close claims: No payments processing is carried out in manufacturer-specific Autoline. (You close claims manually in Service and Repair Claims.)

Note: The following three fields - Warranty suspense cost centre, Warranty suspense expense code, and Create separate VAT element - are also included on the Financial tab of the GM Warranty Parameters Form:

Warranty suspense cost centre: Cost centre of bank account in the Nominal Ledger. (The adjacent box contains the name of the cost centre.)

Warranty suspense expense code: Expense code of bank account in the Nominal Ledger. (The adjacent box contains the name of the expense code.)

Create separate VAT element: If this check box is selected, line 10 in the Financial tab grid contains the total VAT amount.

Note: Create separate VAT element must not be selected: The box should be clear. Line 10 in the Financial tab grid should not contain the total VAT amount.

Tip: To keep overpayments out of your profit and loss accounts until year end, select the Use contingent liability? check box on the Contingent Liability tab.

Post to PL or SL: Defines whether credit notes are posted to a purchase ledger or to a sales ledger. Use the drop-down to select one of:

P Purchase ledger: Posts credit notes to a purchase ledger

S Sales ledger: Posts credit notes to a sales ledger

Note: Post to PL or SL is visible only if your Autoline system is Revision 8.3.

Tip: Click the ellipses to search Sales Ledger accounts for the following two fields: SL/PL SBI account and Orphan account.

SL/PL SBI account: Post the credit total to an account in the Sales Ledger or the Purchase Ledger. (The adjacent box contains the name of the SBI account.)

Orphan account: Sales Ledger account into which to post unknown payments. (The adjacent box contains the name of the orphan account.)

Default VAT code: Default VAT rate for warranty claims

Tip: Use the drop-down to select the default VAT rate for claims.

Credit format stationery : ID code for the format stationery used when you print credit details. Not currently used.

Post handling separately?: If this check box is selected, the handling value is excluded from payments posted to the Sales Ledger invoice.

Accounts integration: Selecting this check box posts information to accounts (advised).