Van Finance

Hello Tom,

It will take some time to set it up but you can do it.

Please create a bank account named VAN Purchase Account or similar. Please use the original bill and allocate it to this new bank. This will be done via a transfer from your high street bank to the Van account.

Eg Make your bill as usual for the asset. Then use the normal allocations process to the main high street bank. Transfer money from the main bank to the van account. The Van account will be £1500 in plus.

When you get your monthly repayments, you will create the bills as usual. Allocate these bills to the VAN account to reduce the amount due on the VAN.

This will allow you to do the Van financing.

Vanish