USING THE CHART OF ACCOUNTS: Clicking on the links in the following listing of Chart of Accounts sections will scroll this page to the corresponding subsection with specific account numbers and descriptions.. The columns of accounts are set up as follows: the left column lists the page and line number of the account entry on the Dealer Financial Statement, Everything you need to know about the Ford Motor Company Financial Statement is located on this website. Be sure to check out the Downloads section for easier access to account updates and changes. For more information about specific accounts, refer to the Chart of Accounts or check out the Financial Statement Preparation section. Version: 3.00 — Updated for Year 2020 Deleted Accounts for Page 3T: 3/14 3560 4560 Courier (Mexico Only) Retail 3/14 3561 4561 Courier (Mexico Only) Retail Lease CHART OF ACCOUNTS. PAGE/ LINE NO ACCOUNT NUMBER DESCRIPTION PAGE/ LINE NO ACCOUNT NUMBER DESCRIPTION CASH 1/29 1435 Quick Lane Allow for Parts Inventory Adjustment. dealership’s profits and expenses to other dealerships across the country. This is a manual that all dealership accounting personnel should study. Each section of the manual details specific accounting issues. These sections are: A. Chart of Accounts B. Assets C. Liabilities and Net Worth D. Sales and Cost of Sales E. Expenses F.
Dealership Office Management and Ford Accounting -- Second Edition -- Unit 7. and account number in the Ford Motor Company Dealer Chart of Accounts.
[glossary_exclude]SERVICE DEPARTMENT – SALES & GROSS PROFIT[/glossary_exclude] Click on the highlighted areas and a description will appear in a new window. Clicking on an account number will take you to the appropriate page in this manual. I am working with a used car dealership. My challenge is getting the cost of goods from inventory to the accounts in P&L. I made some entries which posted to the reports but doesn't show on the chart of accounts. I have used a WIP account to get the item in Inventory. Now a sale has occurred and Reminder: Dealers will need to obtain a copy of the NIADA Dealer Chart of Accounts as a reference tool for this workbook. This workbook is also available from NIADA. Acknowledgements: The authors would like to acknowledge the many suggestions and sample documents from NIADA member dealerships. Text, spreadsheets and clip-art graphics Cash & Contracts. 200 Cash On Hand (Petty Cash) 201 Cash On Hand. 202 Cash in Bank Expenses are to be distributed to each Department by creating sub-accounts formed by combining the three (3) digit expense account number with the two (2) digit department code. warning! this is a ford motor company private computer system. usage may be monitored. unauthorized access or use may result in criminal or civil prosecution, discipline up to and including termination of employment, termination of assignment, or loss of access.
Deleted Accounts for Page 3T: 3/14 3560 4560 Courier (Mexico Only) Retail 3/14 3561 4561 Courier (Mexico Only) Retail Lease CHART OF ACCOUNTS. PAGE/ LINE NO ACCOUNT NUMBER DESCRIPTION PAGE/ LINE NO ACCOUNT NUMBER DESCRIPTION CASH 1/29 1435 Quick Lane Allow for Parts Inventory Adjustment.
Everything you need to know about the Ford Motor Company Financial Statement is located on this website. Be sure to check out the Downloads section for easier access to account updates and changes. For more information about specific accounts, refer to the Chart of Accounts or check out the Financial Statement Preparation section. Version: 3.00 — Updated for Year 2020 Deleted Accounts for Page 3T: 3/14 3560 4560 Courier (Mexico Only) Retail 3/14 3561 4561 Courier (Mexico Only) Retail Lease CHART OF ACCOUNTS. PAGE/ LINE NO ACCOUNT NUMBER DESCRIPTION PAGE/ LINE NO ACCOUNT NUMBER DESCRIPTION CASH 1/29 1435 Quick Lane Allow for Parts Inventory Adjustment. dealership’s profits and expenses to other dealerships across the country. This is a manual that all dealership accounting personnel should study. Each section of the manual details specific accounting issues. These sections are: A. Chart of Accounts B. Assets C. Liabilities and Net Worth D. Sales and Cost of Sales E. Expenses F.
DEPARTMENTALIZED ACCOUNTING SYSTEM. The Ford Dealer Financial Statement, Form FMC 100, provides for reporting sales, expense and selling gross in five basic operating departments—New Vehicles, Used Vehicles, Parts, Service and Body Shop. The Statement also provides for reporting basic income items, basic expenses,
NIADA's standardized accounting series, written especially for NIADA members! This three volume series was written for Used Car Dealers by Page Publications™, publishers of Dealership Office Management and Ford Accounting for Ford's Retailer Education & Training Department and The Dealership Accounting Training Manual for Daimler Chrysler Academy. For departmentalization purposes, data processing costs applicable to a specific operating department should be charged to that department. Costs applicable to the total dealership should be distributed to Unapplied Expenses. See Departmentalization for further information.
Dealers should consult tax counsel for information as to documentation necessary for income tax purposes. For departmentalization purposes, travel and entertainment generated by specific operating departments should be charged to those departments. Expense applicable to the dealership as a whole should be distributed to Unapplied Expenses.
Everything you need to know about the Ford Motor Company Financial Statement is located on this website. Be sure to check out the Downloads section for easier access to account updates and changes. For more information about specific accounts, refer to the Chart of Accounts or check out the Financial Statement Preparation section. Version: 3.00 — Updated for Year 2020 Deleted Accounts for Page 3T: 3/14 3560 4560 Courier (Mexico Only) Retail 3/14 3561 4561 Courier (Mexico Only) Retail Lease CHART OF ACCOUNTS. PAGE/ LINE NO ACCOUNT NUMBER DESCRIPTION PAGE/ LINE NO ACCOUNT NUMBER DESCRIPTION CASH 1/29 1435 Quick Lane Allow for Parts Inventory Adjustment. dealership’s profits and expenses to other dealerships across the country. This is a manual that all dealership accounting personnel should study. Each section of the manual details specific accounting issues. These sections are: A. Chart of Accounts B. Assets C. Liabilities and Net Worth D. Sales and Cost of Sales E. Expenses F. NIADA's standardized accounting series, written especially for NIADA members! This three volume series was written for Used Car Dealers by Page Publications™, publishers of Dealership Office Management and Ford Accounting for Ford's Retailer Education & Training Department and The Dealership Accounting Training Manual for Daimler Chrysler Academy. DEPARTMENTALIZED ACCOUNTING SYSTEM. The Ford Dealer Financial Statement, Form FMC 100, provides for reporting sales, expense and selling gross in five basic operating departments—New Vehicles, Used Vehicles, Parts, Service and Body Shop. The Statement also provides for reporting basic income items, basic expenses, NIADA Chart of Accounts. This is the complete Chart of Accounts used by the NIADA (National Independent Automobile Dealers Association). Frazer sends out a portion of this list in the default Chart of Accounts that you receive with the program.