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Former Member
Apr 13, 2009 at 10:15 AM

Accounting for a specific expense in Automotive Industry

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Hi to everyone

We currently on the implementation of SAP at a motor vehicle dealership. I would like to know how I will account for registration fee of a car when doing an invoice.

Registration fee is paid by the dealer on behalf of the client. This registration should appear on the invoice but should not accounted in the turnover of the dealer as this sum is paid on behalf of the client.

How would you create registration fee? As an item? which category? and on what tax code would you allocate it.

Thanks

Kentish