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Add Recovery Costs to a Repossession Item

Capture what it costs to recover a vehicle, itemized by allocation, so the total shows on the repossession item's Collateral tab.

Required Editions

Available in: Enterprise, Unlimited, and Developer Editions.
User Permissions Needed
To add recovery costs: Industries Repossession Management

Cost Books and their Cost Book Entries must already be set up in your org.

  1. On the Repossession Item, click Add Repossession Item Cost.
  2. Select the Cost Book, and set the Type and Status for the cost record.
  3. Add a cost-allocation line item: enter Name and select Type, then select the Cost Book Entry. Product and Cost populate from it.
  4. To add another allocation, click Add More, and repeat.
  5. Click Submit.

Salesforce creates the Repossession Item Cost record, and its total cost contributes to the total recovery cost for the repossession item. See Recovery Cost Tracking for Repossession Items.