466B – Other – Counter

Parts And Accessories Department

Sales Synopsis

Account 466B

Debits

Credits

 

  1. The sales price of other make parts sold over the counter to retail customers as describe in Debits.

666B – Other – Counter

Parts And Accessories Department

Cost of Sales Synopsis

Account 666B

Debits

Credits

  1. The inventory value of other make parts sold over the counter to retail customers. Only use this account if the Retailer sells/reports New Other Makes on their Financial Statement.  Subaru-only Retailers should use Account 466A - Counter Parts for all Counter Parts Sales.

  

 

Remarks:

 

The balances in these accounts represent all parts for other make vehicles sold at retail to customers on parts counter invoices, regardless of the source of the parts.

 

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)).