Sales to Finance Companies
This help file outlines how to process sales to customers that are paying via a finance company.
It applies whether the total of the invoice is going to the finance company or the customer may be paying for part of it.
Setting up the Finance Company Customer Account
If not already set up in your system, create a new customer for the finance company and flag them as a Rebill account.
Standard practice is for prices to not print on invoices that are re-billed. If you want the prices to print then from Customers>>National Rebill Accounts click Show Rebill Accounts and then tick the Print Prices box for the new finance company.
Processing the Sale
The sale is processed to the actual customer and then select the correct finance company in the Rebill to tab.
When the invoice is sold the system will default to On Account (the Rebill Account) but if the tender needs to be split it can be.
If you have any queries regarding Sales to Finance Companies in COSTAR, please contact the Support Desk
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