460B – Other – Customer Mechanic

Parts And Accessories Department

Sales Synopsis

Account 460B

Debits

Credits

 

  1. The sales price of other make parts sold to customers on completed Customer repair orders.

660B – Other – Customer Mechanic

Parts And Accessories Department

Cost of Sales Synopsis

Account 660B

Debits

Credits

  1. The inventory value of other make parts sold on Customer repair orders. Only use this account if the Retailer sells/reports New Other Makes on their Financial Statement.  Subaru-only Retailers should use Account 460A - Customer Parts for all Customer Parts Sales.

 

 

Remarks:

The balances in these accounts represent all vehicle parts sold to customers on completed repair orders for other make vehicles, regardless of the source of the parts involved.

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 – Other (Account 242B)).

Parts should only be physically withdrawn from inventory upon presentation of the hard copy of the repair order to the Parts Department.