Amending a purchase price on a used vehicle is possible through the Purchase Status tab within the vehicle stock record. However, there are restrictions depending on the deal status.
Key Conditions for Amending a Purchase Price:
The deal must NOT be invoiced or adopted – If the vehicle has been invoiced or adopted, the price cannot be directly amended.
The purchase price acts as an expected cost – It is used to calculate marginal VAT, which is finalised when the vehicle is invoiced.
If already invoiced, it must be credited first – To amend the purchase price, the transaction must be reversed before making changes.
Steps to Amend the Purchase Price:
1️⃣ Access the Vehicle Stock Record
- Open Navigator and locate the vehicle stock record.
- Navigate to the Purchase screen.
2️⃣ Verify the Deal Status
- Ensure the deal is not invoiced or adopted.
- If the vehicle has been invoiced, the invoice needs to be credited before proceeding.
3️⃣ Amend the Purchase Price
- Locate the purchase price field in the Purchase screen.
- Enter the correct purchase price and save the changes by tabbing out.
4️⃣ Confirm the Changes
- The system will recalculate costs based on the new purchase price.
- If applicable, review the marginal VAT calculations.
What If the Vehicle Is Already Invoiced?
- If the vehicle has been invoiced, you must credit the invoice first.
- Once credited, follow the steps above to amend the purchase price.
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