October 30, 2016 admin

Salaries—Managers—Body Shop

Expenses

SALARIES—MANAGERS—BODY SHOP EXPENSE ACCOUNT
7800

ACCOUNT EXPLANATION
Salaries and wages, including vacations, granted holidays, authorized paid absence from work, and training time, of body shop managers.
TRANSACTIONS
  Jrnl. Dr. Cr.
  Gross earnings of the body shop manager for payroll period PR
    Salaries—Managers—Body Shop 7800
      Accrued Payroll 2410
             
  Month-end accrual for amount earned in the current period, but payable in a subsequent accounting period PR or SE
    Salaries—Managers—Body Shop 7800
      Accrued Payroll 2410
COMMENTS
  • If a manager spends a portion of his time in the body shop, such time should be charged to this account and the remainder should be charged to the salary or wage account of the other department involved.
  • Bonuses of body shop managers based on total dealership profit should be charged to Account 9550, Employee Bonuses.