Lof accounting

Lof accounting

Postby 3760Guru » Fri Jul 28, 2006 8:43 am

There are also programs through your vendors that allow you to track & report quick service operations seperately. One-Step is the R&R version. Allows you to track elapsed ticket time, as well as account for a seperate department for Lab & Pts sales.
3760Guru
 

Lof accounting

Postby topshop » Sat Jul 29, 2006 12:54 pm

>What you've suggested above makes sense if they techs were paid on the *sale amount* of parts and labor. I sorta doubt that many shops use this arrangement.

Maybe they should. It makes far more sense and is vastly more accurate.


>Tom, please explain your logic. You advocate showing a full (that is to say, false) sale amount "at the top" and then showing a discount "at the bottom" .... but then advise that such repair orders *not* be segregated. Well, if you account for discounts "at the bottom" there would be no need to segregate the tickets....as they all would be showing (false) full-pop labor and (false) full-pop parts sales anyway !! Only your advertising account would suffer.

Exactly as it should be since it was discounted due to marketing/advertising.

------------------
Tom Ham
AutomotiveManagementNetwork.com
topshop
 

Lof accounting

Postby Nick V » Mon Jul 31, 2006 8:03 am

Bob,

I work for a company....

Sorry- the message posted was a promotion for a product or service being marketed by the contributor.

Members are free to recommend or mention products and services as long as they have no financial interest.

We thank everyone for their cooperation.

Jim Muntz
DealersEdge

[This message has been edited by jimmuntz (edited 07-31-2006).]

Nick V
 

Lof accounting

Postby scotstrong » Mon Jul 31, 2006 9:51 am

Nick:

Your post will likely be deleted by the administrators as using these forums to solicit business is strictly forbidden.
scotstrong
 

Lof accounting

Postby Nick V » Mon Jul 31, 2006 10:22 am

My mistake, I was unfamiliar with the protocal.
Nick V
 

Lof accounting

Postby BIG ORANGE » Thu Aug 03, 2006 2:31 pm

I put my lof in labor but show discount on the cashier screen and put discount to advertisment. I feel it belongs there since my discounted oil changes come from coupons. I found in doing this that I get a true dollar amount on my RAP (ADP) and doesn't hurt my elr has much.
BIG ORANGE
 

Lof accounting

Postby miler » Mon Aug 07, 2006 12:11 pm

when I took this store over that I am at the ELR was at 58.00 on a 79.95 per hour posted. There ELR was this low even though they still had 20 to 30 k a month being charged to the disocunt lines (going to advertising). I also changed the every ones pay plan to be paid off of Gross Profit as they all wanted to give everything away. I took the discounts out of advertising and we now bill out what we say we charge. Example instead of billing out 79.95 per hour and then giving a 19.95 per hour discount on the ro that was charged to advertising, We charge out the 60.00 per hour on the ro to that fleet customer. We do the same thing on retail. I have revamped the menus, labor grids etc... and currently we are at 82.00 per hour on a posted labor rate of 89.95. When I do have to show a discount I have changed the discount line to be directed back to my labor or parts sale account and not to advertising. PS: we ahve a higher penatration of menu sales etc.. than this store has ever had. I also ahve a policy that anyjob that does not get sold has to be signed off by the Service Manager so he can try to give it away and keep the job if need be.
miler
 

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