Understanding Asterisk Year and Year First Sold

The terms "asterisk year" and "year first sold" are critical in vehicle record-keeping. This article explains their meanings, the importance of accurate data entry, and how to resolve common discrepancies.

Asterisk Year vs. Year First Sold

The asterisk year refers to the specific model year of a vehicle as recorded in your system. In contrast, the "year first sold" indicates when the vehicle was first put into operation by its initial buyer. Understanding these definitions is essential for proper processing, especially when dealing with new cars.

Importance of Accurate Data Entry

When entering information regarding vehicles, it is crucial to select values that accurately reflect both the asterisk year and the year first sold. Any misalignment can lead to reporting errors or compliance issues.

Troubleshooting Error D003: ASTERISK YR-VS-YEAR FIRST SOLD

Error D003 occurs when there is a discrepancy between the year indicated on registration renewal transactions (asterisk year) and the actual date when the vehicle was first sold (year first sold).

Steps to Resolve Error D003

1. Verify Information: Check your records for accuracy regarding both years.
2. Edit KSR Form: Provide correct details about the 'year first sold' in its designated section on the KSR form.
3. Avoid E-Filing: Be aware that due to this error, e-filing will not be possible until corrections are made.

If Issues Persist...

If you continue encountering discrepancies after following these steps, further investigation may be necessary. It’s advisable to consult with relevant authorities or technical support for assistance in resolving any lingering issues related to vehicle records.

Conclusion

Caring for accurate data entry concerning an asterisk year and year first sold ensures seamless processing of vehicle registrations while avoiding potential errors like D003. Always double-check your entries for compliance!