Benchmark auto sales inventory12/15/2023 Costs and sales must be in the proper accounts for any accounting or benchmarking to be beneficial. Whether you decide to put hazardous waste disposal or any other line-itemized charge in paint and materials is up to you just be sure the revenue also goes there. There are a number of items that could’ve been itemized on a repair order line, so these would also need to be included in the paint and materials revenue since the costs surely will be. 116) of what I consider paint and materials for this article. I’ve provided a “Paint and Material Distribution Guide” (see pg. It’s the bookkeeper, data-entry person or accountant who makes the call. We often find in these cases that the owner/manager usually doesn’t know these “adjustments” and “charges” are going on. This accounting is your own business, but don’t expect to be able to compare apples to apples if you’re doing such creative accounting. Though this seems to be more common in small dealership body shops done to balance the repair order prior to input into the accounting system it’s done by independents, too. In some cases, the revenue provided in paint and materials is robbed to offset other deficit revenue areas. ![]() Paint and materials costs and profitability have a great deal to do with what you define as “paint and materials.” To some, it includes a very large “bucket” that gets dumped with so many charges that aren’t paint and materials in the real sense, that it’s no wonder profitability and costs are unacceptable.
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