Refund Settlement

Refund Settlements are used to write Checks to a Buyer who has Credit on their Account. Refund checks may be written for 'Credits' resulting from the following transactions:

Buy Settle with an Over-payment 
No Sale order when the buyer's check has been deposited

Note: Refund checks may not be issued for any other reason than those listed above. You may not issue a negative Adjustment to a buyer's account and then write a Refund check for the balance.

Select the 'Refund Settlement' order from the Account Tab of the Dealer Profile and click to launch the form.