Setups for floor plans

System Administrator

All floor plans are identified by the Terms type set up in SA Table Code Value Setup. Each floor plan should have its own Terms type. One vendor may have several floor plan arrangements that require different floor plan terms. As the floor plan expires, the terms type can be deleted.

Product

Floor plan terms can be arranged for serialized products. These products must first be set up in Products Setup and Product Warehouse Product Setup. The Assign Serial # During Receiving option must be selected in SA-Administrator Options-Products-Defaults.

Vendor

If you have floor plan agreements with your manufacturer that are set up through a third-party finance company, set up the finance company as an alternate vendor in Vendor Setup. The terms for the finance company can be the floor plan Terms type set up in SA Table Code Value Setup, or a special as agreed terms set up for inquiry only. This terms type updates the Terms field in Vendor Invoice Center Entry, but you can override it with the terms type for the floor plan under which the product is being invoiced.

Floor plans that are arranged directly with the manufacturer, or vendor, are invoiced for that vendor in Vendor Invoice Center Entry. The vendor information in Vendor Invoice Center Entry can be the division that arranges financing, and information on Vendor Ship From Setup can be for ordering and regular invoicing purposes.