Parts Inventory Reconciliation – Parts Dept Values List

by

Part 1: After a physical inventory count, it’s imperative that you have listed out all the numbers possible that effect both Parts Physical and Accounting Inventories. Here is a list of the most common (but not limited to) “Parts Dept Values” from Parts side;

  • Value of Physical Inventory (From Parts Managers Report)
  • Value of Outstanding Parts Claims (OE/Aftermarket)
  • Value of Dirty Cores
  • On Hand Value of Clean Cores
  • Aftermarket Parts Pending Credit
  • Aftermarket Core Pending Credit
  • OEM Parts Returned Pending Credit
  • OEM Cores Returned,Pending Credit
  • Work In Process Parts Invoices
  • Work In Process Repair Orders
  • Work In Process Body Shop
  • Value of Parts In Stock, Not In System
  • Value Of OEM Dirty Cores In Transit
  • Value of Aftermarket Dirty Cores In Transit
Share