IMR, LMA, YMI not understanding this?
Posted: Mon Mar 22, 2010 1:17 pmI looked at the accounting manual also, which didn't get me very far. Does anyone else have any ideas where I can look to get a definitive answer?
I think step one for you is to understand how it is posted at your dealership. How I or anyone else does it is probably irrelevant. There are probably several methods that are neither right nor wrong-just different.
If you could get your controller to walk you through a typical transaction, then post that here, we can then try to see if it makes sense or not.