How to Post a Write-Down Against a Stock Vehicle

Posting a write-down or write-up for a stock vehicle is a straightforward process within Navigator. Follow the steps below:

Steps to Post a Write-Down

1. Access the Stock Record:

   • Navigate to the relevant stock record within Vehicle Administration Toolkit.

2. Go to the View/Post Tab:

   • Once inside the stock record, locate the View/Post tab. This is where all financial adjustments, including write-downs, can be processed.

3. Select the Write-Down Option:

   • Click the Write Down button to initiate the write-down process.

4. Enter the Adjustment Amount:

   • Input the amount by which you wish to adjust the vehicle's value:
     • Enter a positive value to reduce (write down) the stock value.
     • Enter a negative value to increase (write up) the stock value.

5. Post the Write-Down:

   • Click Post to finalise the adjustment.

Key Points to Remember

• Write-downs should be used to adjust the vehicle’s value to reflect market conditions or other business decisions.
• All write-downs and write-ups will automatically update the vehicle's financial records within the system.
• Ensure the adjustment amount aligns with your dealership’s policies and procedures.