Sales and Cost of Sales BODY SHOP LABOR—WARRANTY & POLICY CLAIMS ACCOUNT SALES 5830/5831 COST OF SALES 6830/6831 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price at authorized reimbursement rates of body shop labor performed in the dealership under the warranty and policy program. Cost of Sales: Cost of above labor sold. NOTE: Dealers Read more about Body Shop Labor—Warranty & Policy Claims[…]
Sales and Cost of Sales BODY SHOP LABOR—PAINTING ACCOUNT SALES 5820/5821 COST OF SALES 6820/6821 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price of paint preparation and painting labor performed in the body shop and sold to customers on completed repair orders. Cost of Sales: Cost of above body shop labor sales. NOTE: Dealers Read more about Body Shop Labor—Painting[…]
Sales and Cost of Sales BODY SHOP LABOR—METAL WORK ACCOUNT SALES 5810/5811 COST OF SALES 6810/6811 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price of labor performed in the body shop, including sheet metal work and parts repair or replacement, and sold to customers on completed repair orders. (Does not include painting or paint Read more about Body Shop Labor—Metal Work[…]
Sales and Cost of Sales SUBLET REPAIRS—BODY SHOP ACCOUNT SALES 5800 COST OF SALES 6800 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price of body work performed by outside vendors and charged to customers on completed repair orders. Includes sublet warranty work and sublet work performed on dealership-owned vehicles. Cost of Sales: Cost of Read more about Sublet Repairs—Body Shop[…]
Sales and Cost of Sales GAS, OIL, & GREASE ACCOUNT SALES 5780 COST OF SALES 6780 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price of gas, oil, and grease sold by the service department to customers and other departments of the dealership. Cost of Sales: Cost of gas, oil, and grease sold. *Refer to Read more about Gas, Oil & Grease[…]
Sales and Cost of Sales REPAIR SHOP MATERIALS ACCOUNT SALES 5770/5781 COST OF SALES 6770/6781 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price of rags, cleaning compounds, lubricants, and similar materials used in the process of repairing vehicles in the service department. Cost of Sales: the cost of such materials. *Refer to Chart of Read more about Repair Shop Materials[…]
Sales and Cost of Sales OTHER MERCHANDISE—SERVICE ACCOUNT SALES 5760/5761 COST OF SALES 6760/6761 ACCOUNT EXPLANATION TRANSACTIONS ACCOUNT EXPLANATION Sales: Selling price of miscellaneous items sold to customers by the service department, and purchased from sources outside the dealership. *Refer to Chart of Accounts for current applicable Sales/Cost of Sales account numbers. TRANSACTIONS Jrnl. Read more about Other Merchandise—Service[…]
Sales and Cost of Sales SUBLET REPAIRS—SERVICE ACCOUNT SALES 5750/5755 COST OF SALES 6750/6755 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price of repair work (except body work) performed by outside vendors and charged to customers on completed repair orders. Includes sublet warranty work and sublet work performed on dealership-owned vehicles. Cost of Sales: Read more about Sublet Repairs—Service[…]
Sales and Cost of Sales SERVICE LABOR—INTERNAL ACCOUNT SALES 5730/5731/5734/5735 COST OF SALES 6730/6731/6734/6735 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Internal selling price of repair labor performed in the service department and sold to other departments on completed repair orders, including new vehicle preparation, installation of accessories, used vehicle reconditioning, and maintenance of company Read more about Service Labor—Internal[…]
Sales and Cost of Sales SERVICE LABOR—WARRANTY & POLICY CLAIMS ACCOUNT SALES 5720/5721/5722 COST OF SALES 6720/6721/6722 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price at authorized reimbursement rates of repair shop labor performed in the dealership under the warranty and policy program. Cost of Sales: Cost of above labor sold. NOTE: Dealers with Read more about Service Labor—Warranty & Policy Claims[…]