UPCOMING: Paying Floor Plan Amounts with Wholegood Floor Plan Scheduled Payments
Using the feature for Wholegood Floor Plan Scheduled Payments, you can select specific floor plan amounts or specific floor plan scheduled payments and have the system create the payment documents.
Before you can pay floor plan amounts with this feature, you will need to configure RIMSS. Click here for the instructions on configuration.
To pay a floor plan, navigate to Wholegood > Find > Floor Plan Scheduled Payments
The Floor Plan Scheduled Payments Tab will open blank. You can enter a pre-fetch filter or just fetch the entire list.
Wholegood ID, Serial #, and Stock # fields allow you to search for a specific wholegood to pay.
Liability Account allows you to choose a specific floorplan account and the list will be limited to wholegoods for which that Liability Account is assigned.
If you will be paying a large number of units, click on Select All on the left prior to entering any post-fetch filters. Once you filter using the auto-filter row, you will only create payments for the amounts that are visible on the screen. Select All will not be available to be checked after adding post-fetch filters.
Post-fetch filters that are helpful when paying units:
WG Status - you are able to filter to Sold units
Supplier - filter to a specific floor plan provider
Due Date - easily find units that are currently due
First you will want to UnGroup the list by right-clicking on the Wholegood ID box and choosing to UnGroup.
Second, sort the Due Date from oldest to newest. Click on the Due Date header box until you see the sorting triangle with the small point facing up.
You can now select the payments that are due at the top of the list.
Once you have the amounts selected that you want to pay, click on the Create Payment Docs button at the top of the tab.
You will see a Payment Documents pop-up. This pop-up will apply the input information to all payment documents created for all Suppliers included on checked lines.
If you are paying multiple units to a single Supplier, they will be included on one payment. If you need a separate payment for each unit, you will need to select one at a time and create each payment individually.
There will be a separate payment created for each Supplier selected.
Payment Type: System Check, Manual Check, Cash/ACH, or ACH Bank Transfer
Number / Ref.: Check Number or Reference Number for the payment(s)
Date: Date the payments will post to the Bank Account
Pmt Acct: Bank Account to post the payment(s)
Memo: Add specific information you would like captured for reconciliation or review. The auto-populated memo may be deleted.
Once payments have been created, you will receive a confirmation message.
You can find the created payments under Banking > Find > Payment
The date range must include the payment date you chose in the step above. You can double click on any of the payments to open the document. These payments follow the normal rules of voiding.
