Sales and Cost of Sales REMARKETED CARS—WHOLESALE ACCOUNT SALES 3805 COST OF SALES 4805 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Remarketed cars are used Ford Motor Company cars sold to Ford and Lincoln Mercury dealers at closed auction. (i.e. Fleet repurchase vehicles, Ford Company Sales Vehicles, etc.) Sales: Selling price of remarketed cars sold to Read more about Remarketed Cars—Wholesale[…]
Sales and Cost of Sales REMARKETED CARS—RETAIL ACCOUNT SALES 3800 COST OF SALES 4800 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Remarketed cars are used Ford Motor Company cars sold to Ford and Lincoln Mercury dealers at closed auction. (i.e. Fleet repurchase vehicles, Ford Company Sales Vehicles, etc.). Sales: selling price, less overallowance, of remarketed cars Read more about Remarketed Cars—Retail[…]
Sales and Cost of Sales USED SUV/TRUCKS (NON CERTIFIED)—RETAIL LEASE ACCOUNT SALES 3765 3770 COST OF SALES 4765 4770 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Value of lease contracts, less any discounts or overallowances, of used SUV/Trucks (Non Certified) leased to retail customers, usually under Red Carpet Lease Programs. Cost of Sales: Inventory value Read more about Used SUV/Trucks (Non Certified)—Retail Lease[…]
Sales and Cost of Sales USED SUV/TRUCKS—WHOLESALE ACCOUNT SALES 3760 COST OF SALES 4760 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price of used SUV/Trucks sold to wholesale customers or junked. Cost of Sales: Inventory value, excluding reconditioning costs, of units sold or junked. *Refer to Chart of Accounts for current applicable Sales/Cost of Read more about Used SUV/Trucks—Wholesale[…]
Sales and Cost of Sales USED SUV/TRUCKS (NON CERTIFIED)—FRANCHISE & NON FRANCHISE—RETAIL ACCOUNT SALES 3750/3767 COST OF SALES 4750/4767 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price, less overallowance, of used SUV/Trucks (Non Certified) sold to retail customers. Cost of Sales: Inventory value, excluding reconditioning costs, of units sold. *Refer to Chart of Accounts Read more about Used SUV/Trucks (Non Certified)—Retail[…]
Sales and Cost of Sales USED CARS (NON CERTIFIED)—RETAIL LEASE ACCOUNT SALES 3715 3720 COST OF SALES 4715 4720 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Value of lease contracts, less any discounts or overallowances, of used cars (Non Certified) leased to retail customer, usually under Red Carpet Lease Programs. Cost of Sales: Inventory value Read more about Used Cars (Non Certified)—Retail Lease[…]
Sales and Cost of Sales USED CARS—WHOLESALE ACCOUNT SALES 3710 COST OF SALES 4710 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price of used cars sold to wholesale customers or junked. Cost of Sales: Inventory value, excluding reconditioning costs, of units sold or junked. *Refer to Chart of Accounts for current applicable Sales/Cost of Read more about Used Cars—Wholesale[…]
Sales and Cost of Sales USED CARS (NON CERTIFIED)—RETAIL ACCOUNT SALES 3700/3730 COST OF SALES 4700/4730 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: selling price, less overallowance, of used cars (Non Certified) sold to retail customers (excludes Remarketed Vehicles, refer to Account 3805). Cost of Sales: Inventory value, excluding reconditioning costs, of used cars (Non Read more about Used Cars (Non Certified)—Retail[…]
Sales and Cost of Sales FLEET TRUCKS—NON FoMoCo ACCOUNT SALES 3516 COST OF SALES 4516 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price, less any discount or overallowance, of Non FoMoCo new trucks sold to fleet customers and dealership employees. Cost of Sales: Inventory value of units sold. Note that inventory value is cost Read more about Fleet Trucks – NON FoMoCo[…]
Sales and Cost of Sales NEW TRUCKS—MEDIUM/HEAVY—RETAIL LEASE ACCOUNT SALES 3501-3611 COST OF SALES 4501-4611 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Value of lease contracts, less any discounts or overallowances, of new medium/heavy trucks leased to retail customers. Cost of Sales: Inventory value of units leased. Note that inventory value is cost less vehicle Read more about New Trucks—Medium/Heavy—Retail Lease[…]