× Auto Repair Pros Member Benefits TechHelp Knowledge Base Forums Resources My iATN Marketplace Chat Pricing About Us Join Industry Sponsors Video Members Only Repair Shops Auto Pro Careers Auto Pro Reviews
Join Now
International Automotive Technicians Network
Re: On the same note, inventory/ accounting
Posted to Shop Management Forum on 6/5/2008

We adjust this years parts matrix markup to recapture taxes paid on inventory last year. Part of the Cost of Doing Business. We as a company do not pay taxes on inventory. Our customers pay it for us. Same as Ford and BP. Login to read more.