Profit Tracking for Garages
Garages need to understand profit per job, especially where spare parts, labour and customer deposits are involved.
Separate labour and parts
Labour income and parts income should be recorded clearly to understand where profit comes from.
Record parts costs
If spare parts are bought for a job, record the cost so the job profit is accurate.
Track customer balances
Deposits and partial payments should be matched to the correct customer or job.
Review job performance
Some jobs may bring high income but low profit after parts, transport and staff costs.
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