How to Post a Write Down Against a Stock Vehicle

Posting a write-down or write-up for a stock vehicle in Navigator is a simple yet critical financial adjustment. This process allows you to modify the vehicle’s stock value to reflect market conditions, depreciation, or other business decisions.

Steps to Post a Write-Down

1. Access the Stock Record

• Navigate to the relevant stock record within the 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 and write-ups, can be processed.

3. Select the Write-Down Option

• Click the Write Down button to begin the adjustment 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.
• The system will automatically update the vehicle’s financial records.

Key Points to Remember

SIV Limitation:

• The write-down amount cannot exceed the SIV (Stand-in-Value) of the vehicle.
• To check the vehicle's SIV, go to the Cost Analysis section within the Purchase Status tab.

Financial Impact:

• Write-downs adjust the vehicle’s book value to align with market conditions or internal business strategies.
• Any adjustments made will be reflected in the TB as a write down.

Policy Compliance:

• Ensure the adjustment amount is in line with your dealership’s financial policies and approval requirements.