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Scenario: Customer trades in a trailer in their personal name but purchases a new one under a business name.
Issue: No tax credit applies because the entities are different.
Solution:
Buy the trade-in outright as a regular purchase (instead of a trade-in).
Instead of issuing a check, apply a credit memo to the customer’s sales invoice.
GL Handling:
A purchase credit memo closes the invoice for the trade-in purchase.
A sales credit memo applies the same amount to reduce the invoice for the new trailer.
Serial No. Table
VIN Number / Serial Number Handling:
VIN numbers = Serial numbers in GoldFinch.
VINs are assigned before the purchase order is closed.
Next Steps & Action Items
Verify if county surtax applies to trade-in credits.
Test using service items vs. inventory items for trade-ins.
Investigate bypassing AP on purchase invoices for trade-ins.
Confirm if trade-in purchase invoices can be automatically applied to offset liabilities.
Finalize setup of service items and correct GL mappings.
Manually reassign permissions for platform users after license conversion.
Check if CX1 phone integration remains functional for platform users.
GoldFinch app does not currently display CX1 phone bar for platform users.
Developer (Ishu Bansal) will investigate adding the functionality to all GoldFinch apps.
Serial No. Table
VIN Number / Serial Number Handling:
VIN numbers = Serial numbers in GoldFinch.
VINs are assigned before the purchase order is closed.