How to Approve and Convert a Finance Form
- Only Users who are flagged as Managers in the 'F&I Form' Role can approve and convert the Quote into Finance.
- Managers will receive an In-app Notification and Email advising that a Finance From is created.
- On click of the In app Notification or the 'Click to View' link on the Email the Finance Form opens
In App Notification
Email Notification
- Expand the Finance Quote Section
- Tick the 'Approved' option, and the Confirm prompt displays 'Are you sure you want to approve this finance'
- Click Yes and the 'Approved By' details are updated with the User and date/time approved.
- Expand the Finance Quote Section
- Tick the 'Converted' option, and the Confirm prompt displays 'Are you sure you want to convert this finance'
- Click Yes and the 'Converted By' details are updated with the User and date/time converted.
- The Finance Quote becomes inevitable.
- The Finance Section will display with the Purchase Price, Deposit, Payment Rate, Term, Balloon/Residual, Payout, Repayment, Changeover fields pre-populated from the Quote.
- There are four additional fields that display, Net Amount Financed, Dealer Origination Fee(DAF), Insurance, Volume Bonus with a flag for Finance Settled.