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Contract Charges Summary

Contract Charges Summary​

  1. Charges Summary Tab
  • Prices – Shows the total base price for the sales contract.
  • Trade Allowance – Enter the amount for the trade allowance. This field is active only when trade-in items have been added to the sales contract in the Trade Ins tab.
  • Trade Balance Due – Shows the amount of the Trade Balance that is due.
  • Freight – This field defaults to the Freight price defined for the inventory item in the Pricing tab of Inventory Maintenance. This field cannot be edited.
  • Rigging – This field defaults to the Rigging price defined for the inventory item in the Pricing tab of Inventory Maintenance.
  • Prep – This field defaults to the Prep price defined for the inventory item in the Pricing tab of Inventory Maintenance.
  • Tag & Registration – This field defaults to what is defined in the Tag & Registration field in the Finance Information tab of Boat Sales Parameters. This field can be edited. Click the Detail button next to this field to view/edit the Tag & Registration details.
  • UCC Fees – This field defaults to what is defined in the UCC Fees field in the Finance Information tab of Boat Sales Parameters. This field can be edited.
  • Miscellaneous – This field defaults to what is defined in the Miscellaneous Charges field in the Finance Information tab of Boat Sales Parameters. Click the Detail button next to this field to view/edit Miscellaneous Charges.
  • Warranties – This field defaults to the Price defined for the Warranty Code selected in the Finance Information tab in Boat Sales Parameters. Click on the Detail button to view details of the Warranty Code. In the Warranty Code detail screen you can change the Warranty Code and the Price. Click the Update button to save changes to the Warranties field. Warranty Codes are maintained in Warranty Code Maintenance on the Codes Maintenance menu under the B/M/T Sales menu.
  • Sales Tax – Shows the sales tax for the sales contract. This field cannot be edited. Sales Tax calculation is determined by the Tax Schema that is on the Sales Contract, or the Postal Code on the Location, or Boat Sales Parameters. Tax Schemas are maintained in Tax Schemas on the Tax Info menu under the File Maintenance menu. Click the Detail button next to this field to view Sales Tax details.
  • Insurance – Once the Finance Info tab has been opened, this field defaults to the total insurance amount from the Finance Info tab.
  • Doc Stamps – Once the Finance Info tab has been opened, this field defaults to the Doc Stamps amount in the Finance Info tab.
  • Total Charges – Total Charge amount of the sales contract not including deposits.
  • Total Deposits – Shows Total Deposit amount for the sales contract.
  • Net Charge – The net Total Amount of the sales contract (after taking deposits into account).
-- Encoded Profit –-​

If Boat Sales Parameters are configured to Show Encoded Profit, then this form will show the Total (contract) Profit in the upper lefthand corner, the Sales Profit in the upper righthand corner, and the Sales Margin in the lower righthand corner. In showing the Total Profit and Sales Profit, the system generates a 12 digit number where the first 5 digits are randomly generated each time you open the Charges Summary tab. The last 7 digits are always the profit amount without the decimal - the cents value is truncated by the system. The Sales Margin is shown without the decimal (for example if sales margin is 19.28 then it would be shown as 1928 in the lower righthand corner).