Bailment Dealer Details - Credit Management Tab
Purpose
Bailment Dealers are allocated credit limits that they are allowed to borrow up too. If assets are purchased that exceed the credit limit then those purchases will be rejected.
Every Bailment Dealer will have a permanent limit. Some Bailment Dealers may also have a temporary limit. This will allow the dealer to exceed their permanent limit for a fixed period of time.
The Credit Review process will be undertaken to determine what the permanent and temporary limits will be. Credit Reviews will normally be undertaken annually, but special reviews for a new dealer, or to set a temporary limit may also be undertaken. The type of Credit Review can be tracked. As part of this review, financial information may be entered about the bailment dealer. From this, key ratios will be calculated, to assist with the setting of credit limits.
Once credit limits have been set, they can be allocated over each Distributor the Bailment Dealer purchases from.
A Bailment Dealer may also be assigned a Credit Status. This will help to immediately determine the risk associated with that dealer and allow their credit to be suspended.
The Dealer Credit Management is processed using a number of sub-tabs:
- Credit Reviews
- Credit Facilities
- Financial Data
- Credit Status
Access
- Bailment Dealer Details | Credit Management Tab
Dialog Details
Display Fields
Field | Explanation |
Primary Facility Limit | This is the Primary Facility Limit from the Credit Review with the latest Completion Date If no Credit Review has been completed, the Primary Facility Limit is $0 |
| Permanent | This is the Permanent Limit from the Credit Facility Tab |
Temporary | This is the total of Temporary Limits from the Credit Facility Tab |
Total Allocated | This is the total of the Permanent and Temporary fields above |
Unallocated Facility | Display field only It is the total of the Primary Facility Limit less the Total Allocated |
Utilised Credit | This is the sum of the current and future ledger balances of all bailment assets associated with the Bailment Dealer |
Orders / Referrals | This is the sum of all approved orders net of any invoices processed |
Available Credit | This is the Total Allocated less Utilised Credit and Orders/Referrals Interest, unallocated cash and fees are not included in this total |
Details Specific Fields
| Field | Explanation |
| Next Review Date | Select from the Calendar the Next Credit Review Date |
| New Review Credit Officer | [F2] to highlight and |
Account Manager | Display field only The is the Account Manager set on the Credit Review |
Role | Display field only This is the Role of the Account Manager set on the Credit Review |
| Facility Start Date | Select from the Calendar the date that the facility can be transacted from |
Related Articles
Bailment Dealer Details - Credit Facility Tab
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