Document Type
Article
Publication Date
1921
Abstract
The average experience of a garage man is that at first the volume of business is small and therefore does not appear to justify the expense of an elaborate set of books, requiring the whole time of a bookkeeper. Under such conditions, the work of bookkeeping is either neglected or deferred, until it is found necessary to keep some kind of records, in order to render bills to customers and collect the ever-needed cash. Often, too, the work of book-keeping is assigned to one of the garage employees, as a sort of sideline, or the manager himself attempts the arduous task, when nothing more serious demands his attention, even though he might have to devote some of his evening hours to the work. It is little wonder then that many garage men have cultivated the attitude that books of account are only a necessary evil from which they would gladly be delivered, if there were any way of escape, if customers could be induced to pay cash on exit, then perhaps the bookkeeping could be limited to the monthly bank statement, indicating (let us hope) ever-growing balances in bank, built up on one hand by daily deposits out of the cash drawer, and reduced on the other hand by checks drawn promptly in payment of supplies, wages and expenses.
Relational Format
article
Series Title
Western Machinery World, 1921 (October)
Recommended Citation
Hill, J. Gordon, "Advantages of an accounting system for garages" (1921). Individual and Corporate Publications. 19.
https://egrove.olemiss.edu/acct_corp/19