CA Tanvi Sheth
(Consultant)
(232 Points)
Replied 01 October 2016
Hello,
In agency services, mostly it will be a contract either with Dealer or the Car company to provide services under warranties.
In such cases, the companies bear the service cost,
and so you need to pass the following entry:
CAR company/ Dealer Dr.
To. Servicing Income
CA Tanvi Sheth
(Consultant)
(232 Points)
Replied 01 October 2016
Hello,
In agency services, mostly it will be a contract either with Dealer or the Car company to provide services under warranties.
In such cases, the companies bear the service cost,
and so you need to pass the following entry:
CAR company/ Dealer Dr.
To. Servicing Income
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