Vehicles - Parameters - Parameters - Bonus Income
Here you can assign bonus’ stock, control and income nominal codes.
This is where you can set up any bonus’ that need to be accrued against a vehicle stock card.
To enter a new bonus click new and complete all the boxes above then click save.
You are able to export any existing bonus’ make amendments and import these back into the system.
You cannot add new Bonus (set up) from the export/ import option.
All bonus’ must have the following set up:
Description: This is the name of the bonus income you are setting up
Within deal profit: If this is set to yes it will affect the profit of the deal and can be seen in the financial summary. If this is set to no it will not affect any profit.
Raise sales invoice/sales ledger account: These two work in conjunction with one another. If the raise sales invoice parameter is set to yes you must enter a sales ledger account. This can aid in debt collection as you can trace the debt more easily using the sales ledger. If this parameter is set to yes it will automatically post an invoice to the specified sales ledger account.
You can assign the sales ledger account either by typing the code directly into the box or using the search function. When you are posting the physical bonus you are able to change what sales ledger account this goes to but the one entered in the parameters here will be the default account.
Datapoint sales group: This dictates how bonus’ will be reported on within the datapoint module.
Auto Post: will set the bonus income to auto post to the Sales Ledger invoice when the order is raised, this can only be enabled if the Raise Sales Invoice parameter is on
New and used vehicle nominal codes
Stock account: This code will be credited the amount of the bonus if the bonus is posted before the vehicle has been invoiced.
Control account: This code is debited when a bonus is posted before the vehicle has been invoiced. This code should also be used to receipt in money for the debt when posting via the cashbook if the raise sales invoice parameter has not been switched on.
Type of sale nominal codes: When the vehicle gets invoiced it makes postings to the income nominal code. This must be set per each type of sale. This code is credited when the vehicle is invoiced