ilovemyjob
Sep 17, 2013, 08:15 AM
I have just taken over the books for a truck repair shop, we do a lot of warranty work and so far they simply do up the work order and zero out the prices. This doesn't seem to me to be the proper practice - in my minds eye it should be going to a warranty expense account. Am I out to lunch or is he really shooting himself in the financial foot by doing it the way he is?