462A – Subaru – Customer Body

Parts And Accessories Department

Sales Synopsis

Account 462A

Debits

Credits

 

  1. The sales price of all Subaru parts sold on a Customer Body Shop repair order.

662A – Subaru – Customer Body

Parts And Accessories Department

Cost of Sales Synopsis

Account 662A

Debits

Credits

  1. The inventory value of all Subaru parts sold on a Customer Body Shop repair order.

 

 

Remarks:

The balances in these accounts represent parts (excluding shop materials) sold to customers on completed body and paint repair orders for Subaru vehicles.

 

These accounts should be used only by retailers having their own body and paint operations.

 

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Parts should only be physically withdrawn from inventory upon presentation of the hard copy of the repair order to the Parts Department.