The finance reserve calculation allows you to estimate the finance reserve amount based on several factors.
- Open the Deal Desking module.
- Locate and click over a deal in the list to open the deal window..
- Click the lock icon to edit the deal.
- Click the F. Profit tab.
- Choose the finance reserve calculation that matches how the bank calculates the finance reserve.
Note: If you don’t know how the bank calculates finance reserve, you can choose option 17 - No Reserve, then type the amount as a finance flat rate.
- Click the Save button at the bottom of the window.