Billing service a restocking charge

[lstacy65]

So our awesome DMS " DealerTrack " doesn't allow me to charge restocking internally. They claim we shouldn't ever need to charge " ourselves " My idea is to bill the part to service on internal parts ticket ( @ 25 over ) then send parts back on CSO. Then put the 35% less credit back to their internal account. What am I forgetting ?

[lochstein]

couldn't you just credit the inventory account the full amount when the credit memo came in and then debit the service dept policy account the 35%?

[2longinparts]

couldn't you just credit the inventory account the full amount when the credit memo came in and then debit the service dept policy account the 35%?

That's exactly what we do.

[TimK]

couldn't you just credit the inventory account the full amount when the credit memo came in and then debit the service dept policy account the 35%?

That's exactly what we do.

Same here.

[lstacy65]

couldn't you just credit the inventory account the full amount when the credit memo came in and then debit the service dept policy account the 35%?

I could do that but I like the idea of getting 25 over to handle my dept'S " SHIPPING AND HANDLING FEES "

[wholesaleguy]

I like to add a stocking group for restocking fees and put all the accounting to COS retail sales, or whatever account you want to use and create a pt# restocking and just override the sale/cost.