The SIV (Stock Invoice Value) may appear different in the stock record and the stock list due to the way Margin VAT is applied in the system.
Key Reason for the Difference
- The SIV in the Stock Record includes Margin VAT.
- The SIV in the Stock List does not include Margin VAT.
This discrepancy occurs because the Stock Record SIV is designed for internal financial tracking, while the Stock List SIV is formatted for salespeople to determine the minimum selling price.
Understanding "Salesman's SIV"
? This adjusted SIV in the stock list helps sales teams quickly determine the lowest price they can sell a vehicle for while still ensuring profitability.
✔ Stock Record SIV – Includes Margin VAT, reflecting full financial cost.
✔ Stock List SIV – Excludes Margin VAT, showing a more practical selling guide.
Key Takeaways
✔ Margin VAT Affects SIV Display – Always check whether Margin VAT is included when comparing values.
✔ Stock List SIV is for Sales Guidance – Helps sales teams price vehicles competitively.
✔ Use the Correct SIV for Financial vs Sales Decisions – Ensure the right figure is referenced based on purpose.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article