The Floorplan Rebate Report provides detailed information on rebates earned from floorplan financing arrangements for dealership inventory. It includes key data such as VIN, Stock Number, Invoice Date, Date Arrived, Vehicle Cost, Days on Floorplan, APR, Daily Charges, and Rebate Amount. This report is designed to help dealerships track rebate earnings, monitor financing costs, and ensure accurate reconciliation with lender agreements.
When to Use It:
- Rebate Verification:
Ideal for confirming rebate amounts earned from floorplan lenders based on inventory financing terms.
- Month-End and Audit Reconciliation:
Used to reconcile rebate income with accounting records and lender statements.
- Cash Flow Management:
Helps controllers and managers monitor rebate contributions to offset floorplan interest costs.
- Performance Analysis:
Useful for evaluating how inventory turnover impacts rebate earnings and financing expenses.
- Compliance and Reporting:
Supports accurate financial reporting and compliance with lender agreements.
Note: You can filter by Company, Inventory Status (New, Used, or Both), Floorplan Lender, and override default settings for Free Days or APR. Sorting options include VIN for easy lookup.
Who Uses the Floorplan Rebate Report, How Often, and Why
