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How Do You Account for the Warranty Cost? by Ruth King

December 22, 2023

Whatever the cost is, debit warranty cost in cost of goods sold and credit warranty reserve on your balance sheet. Then put the dollar value of … Read more

Remember Warranty Costs in Pricing by Ruth King

December 15, 2023

“Our warranty costs are eating our lunch!” “What’s going on?” “There’s a recall from the manufacturer and we have to install a new part. The manufacturer … Read more

Consider Unbillable Hours in Pricing by Ruth King

December 8, 2023

If you pay an employee for 2,080 hours a year (not including overtime) then you have to account for the number of hours that are … Read more

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How Do You Account for the Warranty Cost? by Ruth King

Remember Warranty Costs in Pricing by Ruth King

Consider Unbillable Hours in Pricing by Ruth King

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