Finance Application

Use this process to create new finance applications and maintain existing applications. Use the main screen of the process to gather customer information required for all finance applications, regardless of provider. After you enter this information, you specify a finance provider at the Finance Provider field. From this point on, the finance provider you select determines the procedure. You have the following provider options:

To edit existing applications, you must have access via the Access credit applications for third party on-line financing field in the Receivables User/User Group security settings.

Once you specify a customer code, the customer name and address information displays on the screen.

Entry in this field is mandatory. When the finance application screen is accessed via the menu, no default is offered; you must indicate a salesperson code. Click the Search button to access the Read-Only Lookup Window, where you can select a salesperson code. If you accessed this screen via the Actions button in sales order or exchange entry, the salesperson may default from one of several sources, depending on your settings.

If a customer was created ‘on the fly’ in the order entry process, a salesperson code may or may not be assigned to the order, based on the "Salesperson Defaulted on order is" setting in the Point of Sale Control Settings.
If the application entry process is initiated from the Finance Application Actions option in sales order or exchange entry, the first salesperson listed on the order is defaulted here.
If a salesperson code is provided to the application process, it is offered as the default.
If a salesperson code is not provided to the application process, the salesperson code from Create a User, if any, is offered as the default.
Salesperson codes defaulted in this field can be changed. No updates to the customer or order records occur when you enter or change the salesperson code on this screen.
If a customer has an existing application for the finance provider selected, the salesperson code associated with that application overwrites any salesperson code entered.

Enter the code of the finance provider to whom you are submitting this application. If you click the Arrow button, a list of valid finance providers appears from which you can choose.

If you use the finance application queue process, you can select QUEUE at this field.

After clicking Continue, if the customer already has accounts with providers in the Queue, a message displays asking if you want to skip those providers or exit the queue process.

When processing new finance applications, the Continue button at the top of this screen is active. Once all fields on the initial screen are complete, click Continue to proceed to the second Standard Finance Credit Application - Primary screen.

To edit an existing application or to re-send the application, click the Actions button at the bottom of the screen. A menu displays the following options: