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Why do I have so many open accounts? I’m not buy here pay here.

An account is created by a BHPH deal so that you can track the deal, take payments etc. However, if you sell vehicles where you do not collect the full selling price at the time of delivery (like when your customer goes to their bank to arrange financing, or when you arrange outside financing for your customer)  the software creates a tracking account to remind you that you have not collected all of the money due to you.  Until you take payments equaling the total sale price of a vehicle, the account will remain “open”.

  1. Select the account
  2. Click on Take Payment
    If it is a Down Payment Due, take the payment and it will automatically apply the funds you are entering to the down payment
  3. Set the payment date.  You may back date if if you need to.
  4. Select the payment type (cash,check,credit card etc.)
  5. Type in the total amount paid which should match the total amount due shown on the payment screen
  6. Click on OK.  It will take the payment, pay off the balance and close the account. After taking the payment press F5 on your keyboard and the account will be moved to

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