860 – Subaru SSLP/Just Drive Expense

Deductions From Income

Synopsis

Account 860

Debits

Credits

  1. Expenses related to the Subaru SSLP (Subaru Service Loaner Program) and Just Drive Rental Program.

 

 

Remarks:

Expenses that may occur with the SSLP program would be related to depreciation, gasoline, maintenance, repairs, license fees, titles, taxes and salaries and  wages for dedicated staff   for SSLP units.  Any difference in appraised value at the end of its term, versus depreciated book value that is negative to the dealership should be posted to this account as a deduction from income.