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Warranty

Warranty Code Maintenance​

Purpose To create warranty codes for extended warranty packages. A warranty code should be established for each warranty package that is sold.

 A default Warranty Code can be entered in the Finance Information tab of Boat Sales Parameters. This code will automatically appear on each sales contract; it can be removed if desired.

 Warranty Codes are used in Sales Contract Maintenance, Quick Quote Maintenance, and Quote Maintenance.

From the menu select Sales Management, Codes Maintenance, Warranty Codes.

-- Warranty Code –-​
  • Warranty Code – Enter a Warranty Code. You can press F6 or click the List F6 link in the Command Panel to see a list of all Warranty Codes.
  • Description – Enter a description for the Warranty code.
  • Term in Years – Enter the warranty term in number of years.
  • Vendor – Enter the vendor number for this warranty; you can also type the vendor’s name preceded by a back slash "" to access a cross-reference list.
  • Standard Warranty – Check this box if this is a standard warranty.
  • Cost – Enter the cost of this warranty. This represents your cost from the supplier.
  • Update Open Contracts – Check this box to update open contracts.
  • Price – Enter the price of this warranty.
-- Warranty Accounting –-​
  • Cost of Sales Account – Enter the Cost of Sales Account that will be debited for the cost of the warranty when the warranty is sold on a sales contract. You can press F6 or click the List F6 link in the Command Panel to see a list of all General Ledger accounts.
  • Accrued A/P Account – Enter the Accrued A/P Account that will be credited for the cost of the warranty when the warranty is sold on a sales contract. You can press F6 or click the List F6 link in the Command Panel to see a list of all General Ledger accounts.
  • Income Account – Enter the Income Account that will be credited for the price of the warranty when the warranty is sold on a sales contract. You can press F6 or click the List F6 link in the Command Panel to see a list of all General Ledger accounts.
  • Comments – Enter a comment for the accessory. This is a free form text field.