Tips & ideas for using the mgmt software

Invoicing Our Own Vehicles For Resale?

Invoicing Our Own Vehicles For Resale?

Postby Freez » Fri Mar 03, 2017 8:55 am

We buy and sell used vehicles. I make a work order for all of the work we do on each vehicle so we can track expenses for each one. This leaves us with a balance owing at the end of the month that would require us to pay ourselves to clear up the amount owing. How does everyone work around that? Do you setup a different type of payment method? Any ideas would be much appreciated.
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Re: Invoicing our own vehicles for resale

Postby Sauvageaus » Fri Mar 03, 2017 10:35 am

Freez wrote:We buy and sell used vehicles. I make a work order for all of the work we do on each vehicle so we can track expenses for each one. This leaves us with a balance owing at the end of the month that would require us to pay ourselves to clear up the amount owing. How does everyone work around that? Do you setup a different type of payment method? Any ideas would be much appreciated.


I created a new "payment method" and label it " Shop Payment "
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Re: Invoicing Our Own Vehicles For Resale?

Postby ricmorin » Fri Mar 03, 2017 11:27 am

We have a discount called Shop that is 100% parts and labor. We apply the discount and post the Invoice.
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Re: Invoicing Our Own Vehicles For Resale?

Postby brianp87 » Fri Mar 03, 2017 12:32 pm

I put the selling price to zero with the cost as it really is and post it at zero. So it shows it as a loss.
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