The Finance Maintenance - Select Finance Company form is displayed when you are adding, copying or creating finance companies from The Finance Maintenance - Select Finance Company.
Tip: Before creating a company record ensure that the company exists in the CRM database and that the Sales Ledger account on the company record is correct. The showroom module uses this record and account when posting invoices.
Short name: Short code to identify the Finance Company (3 digits)
MK Company magic: The finance company must exist in the company CRM database. Enter the record number.
Company name: The Finance Company name. Derived from CRM.
Address: The Finance Company address. Derived from CRM.
Postcode: The Finance Company post code. Derived from CRM.
Communication type: Not used in Autoline in the UK.
Comms target dir: Not used in Autoline in the UK.
Minimum period: Minimum period of the agreement, expressed in months.
Maximum period: Maximum period of the agreement, expressed in months.
Default period: Default period of the agreement, expressed in months.
Excess by CC: When selected Personal Contract Plans (PCP) can be set up to calculate excess mileage by engine size (CC) for the finance company. If this option is not selected PCP schemes calculate using mileage/months.
Acceptance fee: The administrative charge for the arrangement of the agreement. It is possible to cater for two acceptance fees.
When paid: Both acceptance fees can be set from one on numerous methods. Select from the
drop down:
B - Beginning: Single payment at the beginning of the contract
P - Repayment Pause at Beginning: Single payment pause before the start of the repayments
E - End: Single payment at the end of the contract
F Financed: Same as Spread, the amount is paid over the life of the contract. However, the amount is subject to interest, therefore the total amount repaid includes recovery of the interest charged.
S - Spread: The cost is spread over the life of the contract and a proportional amount of it is added to each repayment, but without interest.
Schemes operated by this company: It is possible to input multiple schemes for each finance company.
The schemes which already exist for the finance company are displayed:
Type: The type of scheme
Short: The short code to recognise the scheme
Description: The full description of the scheme
PUSH BUTTONS:
Add: Displays Add A Finance Scheme form. What sort of scheme do you want to add? Select the relevant button.
New Hire Purchase Scheme
Hire Purchase with Balloon Scheme
Personal Contract Purchase Scheme
Euro-Style leasing Scheme (New leasing Scheme)
User Defined Profile
Once a scheme has been selected the relevant profile is displayed for the New Scheme.
Warning: Depending on the type of finance scheme being created some fields or tabs may be unavailable.
Edit: Displays the details of the pre-selected scheme allowing you to edit them
Delete: Deletes the pre-selected scheme
Copy: Creates a new Finance scheme identical to the original pre-selected scheme. Edit and amend the details as desired.
Notes: Enter free text notes or a link to a URL to a web site, if this option is taken the a information icon is displayed on the relevant finance scheme on the Select finance company form.
Note: To enable a HTML document place an exclamation mark (!) directly before the full URL. This enables a button on the button right of the form. Click it to display the website or picture held on the main processor. Once this is enabled a text button is displayed. Click this to return to the text format for any amendments required.
OK: Applies any changes that you have made to any of the schemes to the Finance Company
Cancel: Returns you to the Finance Maintenance - Select Finance Company form
Help: Displays help on the current application in your default company browser
