Sales and Cost of Sales SERVICE LABOR—ESP ACCOUNT SALES 5710/5711/5715 COST OF SALES 6710/6711/6715 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price of labor installed in dealer’s repair shop and sold to customers on completed repair orders, including fleet owners and insurance companies under the Extended Service Plan. NOTE: Dealers with competitive franchises (Non Read more about Service Labor—ESP[…]
Sales and Cost of Sales SERVICE LABOR—REPAIR SHOP ACCOUNT SALES 5700/5701/5705/5706 COST OF SALES 6700/6701/6705/6706 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price of labor performed in the repair shop and sold to customers on completed repair orders. Cost of Sales: Cost of above labor sales. NOTE: Dealers with competitive franchises (Non FoMoCo) separate Read more about Service Labor—Repair Shop[…]
Sales and Cost of Sales PARTS—MATERIALS ACCOUNT SALES 5540/5545 COST OF SALES 6540/6545 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling prices of general shop materials such as grease, oil, rags, abrasive and sanding paper, etc., sold to the service department or body shop in bulk. Cost of Sales: Cost of such items. *Refer to Read more about Parts—Materials[…]
Sales and Cost of Sales PARTS—INTERNAL—BODY SHOP ACCOUNT SALES 5530/5531 COST OF SALES 6530/6531 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Internal selling price of parts sold to other departments in connection with new vehicle preparation, installation of accessories on new vehicles, used vehicle reconditioning, and maintenance of company vehicles. Cost of Sales: Inventory value Read more about Parts—Internal—Body Shop[…]
Sales and Cost of Sales PARTS—WARRANTY & POLICY CLAIMS—BODY SHOP ACCOUNT SALES 5520/5521 COST OF SALES 6520/6521 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price at authorized reimbursement rates of parts used in connection with work performed in the body shop under the Ford Motor Company warranty and policy program. (includes paint.) Cost of Read more about Parts—Warranty & Policy Claims—Body Shop[…]
Sales and Cost of Sales PARTS—BODY SHOP—PAINT ACCOUNT SALES 5510/5511 COST OF SALES 6510/6511 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price of paint purchased for a specific job, applied in dealer’s body shop and sold to customers on completed body shop department repair orders, including fleet owners, insurance companies and vehicles damaged in Read more about Parts—Body Shop—Paint[…]
Sales and Cost of Sales PARTS—METAL—BODY SHOP ACCOUNT SALES 5500/5501 COST OF SALES 6500/6501 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price of parts, including sheet metal, installed in dealer’s body shop and sold to customers on completed body shop department repair orders, including fleet owners, insurance companies and vehicles damaged in transit. (Does Read more about Parts—Metal—Body Shop[…]
Sales and Cost of Sales INDUSTRIAL ENGINES ACCOUNT SALES 5491 COST OF SALES 6491 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price of new and used industrial engines sold. Cost of Sales: Inventory value of above engines sold. *Refer to Chart of Accounts for current applicable Sales/Cost of Sales account numbers TRANSACTIONS Jrnl. Read more about Industrial Engines[…]
Sales and Cost of Sales MISCELLANEOUS MERCHANDISE ACCOUNT SALES 5490/5492 COST OF SALES 6490/6492 ACCOUNT EXPLANATION TRANSACTIONS COMMENTS ACCOUNT EXPLANATION Sales: Selling price of merchandise handled by the parts department but not classified in any other account in this Manual. Cost of Sales: Inventory value of miscellaneous merchandise sold. *Refer to Chart of Accounts for Read more about Miscellaneous Merchandise[…]
Sales and Cost of Sales PARTS—SUBLET ACCOUNT SALES 5480/5485 COST OF SALES 6480/6485 ACCOUNT EXPLANATION TRANSACTIONS ACCOUNT EXPLANATION Sales: The selling price to the service of body shop departments of parts installed on customer vehicles by sublet sources identified by, and doing business with, the parts department. (The service department or body shop may further Read more about Parts—Sublet[…]