4way Floor Plan

4 way Floor Plan is the descriptor given to floor plan items where there are 4 transactions relating to buying and selling the stock item.

1.Buy the stock item

2.Apply a bailment entry to the stock item

3.Sell the stock item to a customer

4.Payout the bailment

Create a Bailment Entry

Bailment on Notional stock items

Receipting Bailment from Financier

Curtailments

Paying out a floor plan item

Delete a floor plan transaction

Reporting on floor plan