How to account for the discount if you buy another dealer’s distressed parts inventory
If you are in a position to take advantage,
there are lots of opportunities these days to buy parts inventory from dealers
who have closed or will soon be doing so.
That opens up the prospect of a windfall in gross profits in the months
immediately following the purchase. And
that opens the possibility for all sorts of mischief unless the dealership is
careful about how it accounts for the purchase discounts.