- EverLogic Knowledge Base
- Sales / Quotes / Deals
Net Negative Deals
A Negative Deal occurs when the value of the vehicle being purchased is less than the value of the trade vehicle. As a result, when the deal is complete you will owe the Customer money.
1. Complete the Inventory and Trade Information on the Deal Form, including the Trade Allowance
EXAMPLE: Selling Price of Vehicle, $15,292.00 add the Trade Allowance of $20,0.00 equals a negative Net Selling Price.
![](https://helpme.everlogic.com/hubfs/image-png-Mar-03-2023-09-36-20-5123-PM.png)
2. Select Cash in the Funding Section
![](https://helpme.everlogic.com/hubfs/image-png-Mar-03-2023-09-20-24-6658-PM.png)
NOTE: The Contract Price shows a negative amount, which is owed to the Customer.
![](https://helpme.everlogic.com/hubfs/image-png-Mar-03-2023-09-20-46-9996-PM.png)
IMPORTANT: The QuickBooks Map Code NT should be assigned accordingly.
![](https://helpme.everlogic.com/hubfs/image-png-Mar-03-2023-09-22-24-3531-PM.png)
![](https://helpme.everlogic.com/hubfs/image-png-Mar-03-2023-09-23-14-8429-PM.png)
NOTE: The Contract Price is outlined in red and the items outlined in yellow represent the cost of the vehicle being sold, along with any add-on costs.
![](https://helpme.everlogic.com/hubfs/image-png-Mar-03-2023-09-23-39-2128-PM.png)
RESULT: A message will popup; "The Invoice was created in QuickBooks.
![](https://helpme.everlogic.com/hubfs/image-png-Mar-03-2023-09-25-41-3524-PM.png)
NOTE: Once this amount has been paid to the Customer, the deal is complete.
Related Articles:
Accepting / Refunding a Deposit on a Deal
Cancel Deal "Undo Sale & Restock" Inventory
More Than Three Trades to a Deal / Quote