How to Process Vehicle Write Backs (Write Down)

Vehicle write-backs can be processed either at month-end or year-end, following the same steps for each individual stock record.

1. Access the Stock Record:

   • Open the stock record and click on the View/Post tab at the top.
   • Select Write Down. 

2. Enter Write-Back Details:

   • Input the amount by which you want to write the vehicle back.
   • Enter the date on which the write-back should be processed.

3. Nominal Code:

   • If you leave the Nominal Code field blank, the write-back will automatically be recorded as an expense under car sales.
   • Alternatively, you can specify a nominal code to charge the write-back to another department, such as 1.20.40.108 Loan Car Costs being charged to the workshop.

This process allows for flexibility in how and where the write-back is allocated, ensuring accurate financial reporting.