Quick Service Accounting

[KLINK]

I set up a new department for service which is department Q. Should I include oil filters and or upsell parts such as wiper blades, air filters ect. on the financial statement under Quick Service or have just the just the gas oil grease under that account for parts?
Thanks

[jazdale]

It sounds like you're asking if you can sell parts through the GOG sales account.

If so, then how will inventory get relieved?

If you're Ford, there is a complete write-up of the new chart of accounts for properly analyzing the profitability of this dept. This includes sales, costs, inventories, and expense accounts.

You'll never know the true profitabilty of this new department if you take shortcuts with your setups (especiallly accounting setups)

[Gerry Laughlin]

I would set a labor type that ties the labor to a Quick Service account (in GM it is 460C) and parts to a Quick Service Parts account (in GM it is account 47800). I myself would leave oil alone in its normal sales account (GM = 49100). Hopefully Chrysler has a similar setup. Anything sold by your quick service department would use that labor type, thereby having whatever (blades, aif filters, etc.) is sold by them reflected properly.
Gerry

[This message has been edited by Gerry Laughlin (edited 10-05-2008).]

[KLINK]

Chrysler has P&A account Quick Service Oil and Lubricants 576A I am asking if I should also reflect the Filters,bulbs, wiper blades, ect. that my new Quick Service lane sells or continue to show all parts sold for CP in account 570A and just the lubricants in 576A.

[slapenta]

KLINK:

Ask your office manager to create a 570B sub-account that will reflect all your Quick service parts sales.

I would also recommend that any new sub-accounts be rolled into your DOC report so that you can "measure" the results of the Express/Quick department on a daily basis.

Steve LaPenta