460A – Subaru – Customer Mechanic

Parts And Accessories Department

Sales Synopsis

Account 460A

Debits

Credits

 

  1. The sales price of Subaru parts sold to customers on completed repair orders.

660A – Subaru – Customer Mechanic

Parts And Accessories Department

Cost of Sales Synopsis

Account 660A

Debits

Credits

  1. The inventory value of Subaru parts sold on Customer repair orders.

 

 

Remarks:

The balances in these accounts represent all Subaru vehicle parts sold to customers on completed repair orders, regardless of the source of the parts involved.  Express Lane Customer Parts sales should be booked to Accounts 475/675.

Parts should be costed individually at actual cost at the time of sale.  A percentage method of costing is not recommended (refer to Parts & Accessories – Subaru (Account 242A)).

Parts should only be physically withdrawn from inventory upon presentation of the hard copy of the repair order to the Parts Department.

Note: