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Post a Payoff

If a dealer is paying off an in-house loan, you can post the payoff in Deals. Refer to this same action as funding a payoff for lender loans. The Transactions menu is only available for deals in Contracted/Booked status.

  1. From the Deal page, click the Transactions icon and choose Post Payoff.

The Post Payoff pop-up window opens.

  1. Choose the Delivery Method.

The Payment Form field appears.

  1. Choose the form of payment.

Payoff details appear.

  1. Choose the Balance you are funding, and click Take This Payoff.

The Post the Payoff for this Account section appears.

You can print the payoff quote or get a new quote.
  1. Complete the fields.
  2. Click Post Payoff.

A confirmation message displays, and you can print the receipt.