ADP, Inc. Dealer Services 5607 New King Street Troy, MI 48098 2009 Financial Statement Changes Kia February 2009 Dear Accounting Customer: There have been several changes requested by Kia for the 2009 financial reporting year. These changes will affect the standard base files supported by ADP DMS@NET. Please refer to the instructions in your Updating the Financial Statements user manual to complete the changes. Contents of this Document 2009 Financial Statement Changes for Kia Manual Entry Worksheet A copy of the 2009 Kia Chart of Accounts A copy of the standard 2009 Financial Statement with column assignments for this franchise Special Instructions All DMS@NET clients will have the new 2009 Financial Statement Files sent via Electronic Object Distribution (EOD). After the last 2008 financial statement is completed, you can apply the 2009 financial statement files (Select Apply Manufacturer Financial Updates from the Factory Financials Menu). Complete the instructions in the 2009 Financial Statement Changes for Kia document before producing your January 2009 Financial Statement. You can print a list of the manufacturer s standard financial statement account assignments from the Factory Financials Menu (select Update Account Assignments). If you have questions about the information in this packet, please call the ADP Customer Support Center at 1-800-633-6323, weekdays 7 a.m. to 9 p.m., and Saturday 9 a.m. to 9 p.m. (EST). Sincerely, ADP Customer Support Center The ADP logo is a registered trademark of ADP of North America, Inc. B20551 January 2009 ADP, Inc. Printed in U.S.A. 1 of 17 *303678* January 6, 2009
Kia 2009 Financial Statement Changes 2009 KIA FINANCIAL STATEMENT CHANGES The following charts list the procedures you must follow and the accounting changes you must make for your 2009 Kia franchise financial statement reporting. Refer to the Updating the Financial Statement manual for the instructions to perform each procedure. If you have any questions about the financial statement changes, please call the ADP Customer Support Center at 1-800-633-6323. Perform the Financial Statements Update Procedures in the order they appear below and on the following pages before producing your January financial statement. Financial Statement Update Procedures Update the Chart of Accounts (from the General Ledger Maintenance Menu GLM06 option 1) Accounting Changes Add the following accounts. Account Description 2404 CPO Inventory Update the Chart of Accounts (from the General Ledger Maintenance Menu GLM06 option 1) Change the following account. Account Description 4011/6011 Sales/Cost of Sales New Vehicle Kia Soul - Retail Update the Table of Scheduled Accounts(from the General Ledger Maintenance Menu GLM06 option 8) Review your table of scheduled accounts and make any changes appropriate for your dealership. Transfer Accounts Receivable and Accounts Payable Detail Do not make accounting changes in this area. Update Customer Constants Do not make accounting changes in this area. Update Accounts Receivable, and Accounts Payable Constants Do not make accounting changes in this area. Update Payroll Constants Do not make accounting changes in this area. 2 of 17 January 2009 ADP, Inc. B20551
Kia 2009 Financial Statement Changes Financial Statement Update Procedures Update Offset Accounts (from the General Ledger Maintenance Menu GLM06 option 9) Accounting Changes Change the following accounts. Account Description 4011/6011 Sales/COS New Vehicle - Kia Soul - Retail Update Sources Control Do not make accounting changes in this area. Update Operating Reports Format Control (from the General Ledger Maintenance Menu GLM06 option 13) Add the following accounts. Account Description Type 2404 CPO Inventory B Update Operating Reports Format Control (from the General Ledger Maintenance Menu GLM06 option 13) Change the following account. Account Description Type 4011/6011 Sales/Cost of Sales New Veh Kia B,I,S Soul - Retail Update Daily Operating Report (DOR) Format and Account Assignments (from the Daily Operating Control Menu GLM08 option 1) Add the following accounts. Account Description 2404 CPO Inventory Update Daily Operating Report (DOR) Format and Account Assignments (from the Daily Operating Control Menu GLM08 option 1) Change the following account. Account Description 4011/6011 Sales/Cost of Sales New Veh Kia Soul - Retail B20551 January 2009 ADP, Inc. 3 of 17
Kia 2009 Financial Statement Changes Financial Statement Update Procedures Update Daily Operating Control (DOC) Format and Account Assignments (from the Daily Operating Control Menu GLM08 option 6) Accounting Changes Add the following accounts. Account Description 2404 CPO Inventory Update Daily Operating Control (DOC) Format and Account Assignments (from the Daily Operating Control Menu GLM08 option 6) Change the following account. Account Description 4011/6011 Sales/Cost of Sales New Veh Kia Soul - Retail Update Service Advisor Account Assignments (from the G.L. Maintenance Menu GLM06 option 14) Do not make accounting changes in this area. Update Parts Salesman Account Assignments (from the G.L. Maintenance Menu GLM06 option 15) Do not make accounting changes in this area. Update Inventory Vehicle Customization (from the Salesline Customization Menu GLM12 option 1) Change the following accounts. Account Description 4011/6011 Sales/Cost of Sales New Vehicle Kia Soul - Retail Update Done Deal Customization (from the Salesline Customization Menu GLM12 option 2) Change the following accounts. Account Description 4011/6011 Sales/Cost of Sales New Vehicle - Kia Soul - Retail Update Cash Receipts Customization Review and make the appropriate account number changes. 4 of 17 January 2009 ADP, Inc. B20551
Kia 2009 Financial Statement Changes Financial Statement Update Procedures Apply Manufacturer Financial Updates (from the Factory Financials Menu GLM10 option 9) Accounting Changes Apply the 2009 financial statement files. Work with Print Format (from the Factory Financials Menu GLM10 option 6) Update the financial statement constants. Page 1 Sequence 10 Year Field Update Account Assignments (from the Factory Financials Menu GLM10 option 2) Review the Chart of Accounts and make the necessary changes to your accounting system. B20551 January 2009 ADP, Inc. 5 of 17
Kia Financial Statement MANUAL ENTRY WORKSHEET 2009 Kia Financial Statement MANUAL ENTRY WORKSHEET Use the following worksheet to write the Amount (-/+) and Code (temporary or permanent) for your financial statement memo entries. DESCRIPTION PAGE LINE COLUMN AMOUNT (-/+) CODE (T/P) Receivables Past Due 30 Days Service and Parts 1 8 6 Vehicle 1 9 6 Customer Notes 1 10 6 Lease, Rental & Service Contracts 1 11 6 Misc Customer 1 12 6 Warranty Claims Kia 1 14 6 Warranty Claims Other 1 15 6 Pre Delivery Service Kia 1 16 6 Factory Holdback Kia 1 17 6 Factory Holdback Other 1 18 6 Vehicle Incentives 1 19 6 Other Distributor Receivables 1 20 6 Inventories Demos-Kia Car 1 26 6 Demos-Kia Truck 1 26 8 Demos-Other Car 1 27 6 Demos-Other Truck 1 27 8 New Vehicle-Kia Car 1 28 6 New Vehicle-Kia Truck 1 28 8 New Vehicle-Other Car 1 29 6 New Vehicle-Other Truck 1 29 8 Used Vehicle-Kia Car 1 31 6 Used Vehicle-Kia Truck 1 31 8 Used Vehicle-Other Car 1 33 6 Used Vehicle-Other Truck 1 33 8 Program Vehicle-Kia Car 1 34 6 Program Vehicle-Kia Truck 1 34 8 CPO Vehicles Kia + Other 1 32 6 CPO Vehicles Kia + Other 1 32 8 B20551 January 2009 ADP, Inc. 6 of 17
Kia Financial Statement MANUAL ENTRY WORKSHEET DESCRIPTION PAGE LINE COLUMN AMOUNT (-/+) CODE (T/P) Other Vehicle Assets Lease Vehicles 1 46 6 Rental Vehicles 1 47 6 Long Term Debt Amt Due 1 Year Notes Payable-Capital Loans 1 29 12 Mortgages Payable 1 30 12 Other Notes & Contracts 1 31 12 Owners/Officers Notes 1 32 12 Subordinated Debt 1 33 12 Current Earnings Before Taxes January-New Kia Units 1 49 9 January-New Other Units 1 49 10 January-Used Retail Units 1 49 11 January-Used Wholesale Units 1 49 12 January-Profit or Loss 1 49 13 January-New Fleet Kia 1 49 14 January-New Fleet Other 1 49 15 February-New Kia Units 1 50 9 February-New Other Units 1 50 10 February-Used Retail Units 1 50 11 February-Used Wholesale Units 1 50 12 February-Profit or Loss 1 50 13 February-New Fleet Kia 1 50 14 February-New Fleet Other 1 50 15 March-New Kia Units 1 51 9 March-New Other Units 1 51 10 March-Used Retail Units 1 51 11 March-Used Wholesale Units 1 51 12 March-Profit or Loss 1 51 13 March- New Fleet Kia 1 51 14 March- New Fleet Other 1 51 15 B20551 January 2009 ADP, Inc. 7 of 17
Kia Financial Statement MANUAL ENTRY WORKSHEET DESCRIPTION PAGE LINE COLUMN AMOUNT (-/+) CODE (T/P) Current Earnings Before Taxes continued: April-New Kia Units 1 52 9 April-New Other Units 1 52 10 April-Used Retail Units 1 52 11 April-Used Wholesale Units 1 52 12 April-Profit or Loss 1 52 13 April- New Fleet Kia 1 52 14 April- New Fleet Other 1 52 15 May-New Kia Units 1 53 9 May-New Other Units 1 53 10 May-Used Retail Units 1 53 11 May-Used Wholesale Units 1 53 12 May-Profit or Loss 1 53 13 May- New Fleet Kia 1 53 14 May- New Fleet Other 1 53 15 June-New Kia Units 1 54 9 June-New Other Units 1 54 10 June-Used Retail Units 1 54 11 June-Used Wholesale Units 1 54 12 June-Profit or Loss 1 54 13 June- New Fleet Kia 1 54 14 June- New Fleet Other 1 54 15 July-New Kia Units 1 55 9 July-New Other Units 1 55 10 July-Used Retail Units 1 55 11 July-Used Wholesale Units 1 55 12 July-Profit or Loss 1 55 13 July- New Fleet Kia 1 55 14 July- New Fleet Other 1 55 15 August-New Kia Units 1 56 9 August-New Other Units 1 56 10 August-Used Retail Units 1 56 11 August-Used Wholesale Units 1 56 12 August-Profit or Loss 1 56 13 August- New Fleet Kia 1 56 14 August- New Fleet Other 1 56 15 8 of 17 January 2009 ADP, Inc. B20551
Kia Financial Statement MANUAL ENTRY WORKSHEET DESCRIPTION PAGE LINE COLUMN AMOUNT (-/+) CODE (T/P) Current Earnings Before Taxes continued: September-New Kia Units 1 57 9 September-New Other Units 1 57 10 September-Used Retail Units 1 57 11 September-Used Wholesale Units 1 57 12 September-Profit or Loss 1 57 13 September- New Fleet Kia 1 57 14 September- New Fleet Other 1 57 15 October-New Kia Units 1 58 9 October-New Other Units 1 58 10 October-Used Retail Units 1 58 11 October-Used Wholesale Units 1 58 12 October-Profit or Loss 1 58 13 October- New Fleet Kia 1 58 14 October- New Fleet Other 1 58 15 November-New Kia Units 1 59 9 November-New Other Units 1 59 10 November-Used Retail Units 1 59 11 November-Used Wholesale Units 1 59 12 November-Profit or Loss 1 59 13 November- New Fleet Kia 1 59 14 November- New Fleet Other 1 59 15 December-New Kia Units 1 60 9 December-New Other Units 1 60 10 December-Used Retail Units 1 60 11 December-Used Wholesale Units 1 60 12 December-Profit or Loss 1 60 13 December- New Fleet Kia 1 60 14 December- New Fleet Other 1 60 15 Financial Summary Net Working Capital Requirement 1 73 2 Average Monthly Expense 1 73 8 B20551 January 2009 ADP, Inc. 9 of 17
Kia Financial Statement MANUAL ENTRY WORKSHEET DESCRIPTION PAGE LINE COLUMN AMOUNT (-/+) CODE (T/P) Used Vehicle Trade-In Summary Kia Car Sales-MTD 4 58 1 Kia Car Sales-YTD 4 58 2 Kia Truck Sales-MTD 4 59 1 Kia Truck Sales-YTD 4 59 2 Other Sales-MO 4 60 1 Other Sales-YTD 4 60 2 Lease Analysis Retail Lease Units-MO 4 63 1 Retail Lease Units-YTD 4 63 2 Retail Lease Gross-MO 4 64 1 Retail Lease Gross-YTD 4 64 2 Personnel Summary Dealer(s)-Administration 4 58 10 Mgrs/Foremen- New 4 59 3 Mgrs/Foremen - Used 4 59 4 Mgrs/Foremen - Combined 4 59 5 Mgrs/Foremen F & I 4 59 6 Mgrs/Foremen - Service 4 59 7 Mgrs/Foremen Body Shop 4 59 8 Mgrs/Foremen Parts & Accessories 4 59 9 Mgrs/Foremen Administrative 4 59 10 Salespersons New 4 60 3 Salespersons Used 4 60 4 Salespersons Combined 4 60 5 Salespersons F & I 4 60 6 Salespersons - Service 4 60 7 Salespersons Body Shop 4 60 8 Salespersons Parts & Accessories 4 60 9 Service/BS Technicians New 4 61 3 Service/BS Technicians Used 4 61 4 Service/BS Technicians Service 4 61 7 Service/BS Technicians Body Shop 4 61 8 10 of 17 January 2009 ADP, Inc. B20551
Kia Financial Statement MANUAL ENTRY WORKSHEET DESCRIPTION PAGE LINE COLUMN AMOUNT (-/+) CODE (T/P) Personnel Summary continued: Clerical New 4 62 3 Clerical Used 4 62 4 Clerical Service 4 62 7 Clerical - Body Shop 4 62 8 Clerical - Parts & Accessories 4 62 9 Clerical - Administrative 4 62 10 Other New 4 63 3 Other Used 4 63 4 Other Service 4 63 7 Other - Body Shop 4 63 8 Other-Parts & Accessories 4 63 9 Other - Administrative 4 63 10 Labor: Kia Mech Customer Labor 5 41 11 Other Mech Customer Labor 5 41 12 Kia Body Customer Labor 5 41 13 Other Body Customer Labor 5 41 14 Kia Mech Warranty Labor 5 42 11 Other Mech Warranty Labor 5 42 12 Kia Body Warranty Labor 5 42 13 Other Body Warranty Labor 5 42 14 Kia Mech Internal Labor 5 43 11 Other Mech Internal Labor 5 43 12 Kia Body Internal Labor 5 43 13 Other Body Internal Labor 5 43 14 Total Dollar Sales Prior Year MTD 5 47 7 Total Dollar Sales Prior YTD 5 47 8 B20551 January 2009 ADP, Inc. 11 of 17
Kia Financial Statement MANUAL ENTRY WORKSHEET DESCRIPTION PAGE LINE COLUMN AMOUNT (-/+) CODE (T/P) Labor continued: New Kia Gross Prior Year MTD 5 48 7 New Kia Gross Prior Year YTD 5 48 8 New Other Gross Prior Year MTD 5 49 7 New Other Gross Prior YTD 5 49 8 Used Vehicle Gross Prior Year MTD 5 50 7 Used Vehicle Gross Prior YTD 5 50 8 Service Gross Prior Year MTD 5 51 7 Service Gross Prior YTD 5 51 8 Body Shop Gross Sales Prior Near 5 52 7 MTD Body Shot Gross Prior YTD 5 52 8 Parts & Accessories Gross Prior Year 5 53 7 MTD Parts & Accessories Gross Prior YTD 5 53 8 Total Gross Prior Year MTD 5 54 7 Total Gross Sales Prior YTD 5 54 8 Total Expenses Sales Prior Year MTD 5 55 7 Total Expenses Prior YTD 5 55 8 Oper. Profit (Loss) Prior Year MTD 5 56 7 Oper. Profit (Loss) Prior YTD 5 56 8 Net Additions or Deductions Prior Year 5 57 7 MTD Net Additions or Deductions Prior YTD 5 57 8 Total Bonuses Prior Year MTD 5 58 7 Total Bonuses Prior YTD 5 58 8 Net Profit (Loss) Before Taxes Prior Year MTD Net Profit (Loss) Before Taxes Prior YTD 5 59 7 5 59 8 12 of 17 January 2009 ADP, Inc. B20551
CHART OF ACCOUNTS KIA DEALERS' STANDARD ACCOUNTING SYSTEM ACCT. NO. 2000 2010 2020 2030 2100 2110 2120 2130 2140 2150 2200 2209 2210 2220 2230 2235 2240 2250 2260 2270 2280 2300 2310 2320 2330 2400 2404 2405 2406 2407 2410 2419 2430 2450 2460 2470 2480 2500 2510 2520 2530 2540 2550 2560 2600 2601 2610 2611 2700 2710 2711 2720 2721 2730 2731 2740 2741 2750 2751 2760 2761 ASSETS CASH AND CONTRACTS Petty Cash Fund Cash on Hand Cash in Bank/Temp. Cash Investment Contracts in Transit CUSTOMER RECEIVABLES Service and Parts Accounts Receivable Vehicle Accounts Receivable Customer Notes Receivable Lease and Rental Accounts Receivable Service Contracts Accounts Receivable Misc. Customer Accounts Receivable DISTRIBUTOR RECEIVABLES Warranty Claims-Kia Receivable Warranty Claims-Other Receivable Pre-Delivery Service-Kia Receivable Transportation Damage Claims Receivable Factory Holdback Receivable - Kia Factory Holdback Receivable - Other Vehicle Incentives Receivable Other Distributor Receivable Allowance For Doubtful Accounts FINANCE & INSURANCE CO. RECEIVABLES Finance Company Rec.-Current Insurance Company Receivable INVENTORIES Demonstrators-Kia Demonstrators-Other New Vehicles-Kia New Vehicles-Other Used Vehicles-Kia CPO Vehicles-Kia / Other Used Vehicles-Other Program Vehicles-Kia Program Vehicles-Sportage Parts and Accessories-Kia Parts and Accessories-Other Tires, Gas, Oil and Grease Body Shop Materials Sublet Repairs Work in Process-Labor Non-Automotive Merchandise OTHER CURRENT ASSETS Marketable Securities Prepaid Expense - Taxes Prepaid Expense - Insurance Prepaid Expense - Rent Prepaid Expense - Interest Prepaid Expense - Advertising Prepaid Expense - Other OTHER VEHICLE ASSETS Lease Vehicles Accum. Depr. of Lease Vehicles Rental Vehicles Accum. Depr. of Rental Vehicles FIED ASSETS-AUTO BUSINESS ONLY Land-Auto Business Only Buildings and Improvements-Auto Business Only Accum. Depr. of Bldgs. and Imp. Service Equipment Accum. Depr. of Service Equipment Parts and Accessories Equipment Accum. Depr. of Parts & Access. Equip. Furniture, Signs and Fixtures Accum. Depr. of Furn., Signs & Fix Company Vehicles Accum. Depr. of Company Vehicles Leaseholds Accum. Amortization of Leaseholds ACCT. NO. 2800 2810 2820 2830 2840 2850 3000 3010 3020 3025 3030 3050 3100 3110 3120 3130 3140 3150 3160 3170 3180 3190 3220 ASSETS CONTINUED OTHER ASSETS Deposits on Contracts Life Insurance-Cash Value Notes & Accts. Rec.-Officers/Owners Advances to Employees Due From Fin. Companies-Deferred Other Non-Franchise Assets LIABILITIES ACCOUNTS PAYABLE Trade Creditors Vehicle Lien Payoff Customer Deposits Prepaid Distributors Incentives License and Title Fees SHORT TERM NOTES Notes Payable-Short Term ACCRUED LIABILITIES Accrued Interest Accrued Insurance Accrued Payroll Accrued Payroll Taxes Accrued Sales Tax Accrued Taxes-Other than Payroll, Sales, and Income Accrued Corporate/lncome Taxes Accrued Bonuses-Employees Accrued Bonuses-Owners Accrued Pension Fund/Profit Sharing Accrued-Miscellaneous INVENTORY FINANCE LIABILITIES-NOTES PAYABLE 3300 3310 3320 3400 3410 3450 3460 3500 3510 3520 3530 3801 3802 3803 3900 3910 3920 3930 3950 3960 3970 3990 Notes Payable-New Vehicles & Demo. Notes Payable-Used Vehicles Notes Payable-Inventory-Other OTHER VEHICLE LIABILITIES Notes Payable-Lease Vehicles Notes Payable-Rental Vehicles REPOSSESSION AND S.C. RESERVES Reserve For Repossession Losses Reserve For Service Contract Losses LONG TERM DEBT Notes Payable-Capital Loans Mortgages Payable Other Notes & Contracts Payable Owner/Officer Notes Payable LIFO RESERVE LIFO Reserve Inventory Adjustment-New LIFO Reserve Inventory Adjustment-Used LIFO Reserve Inventory Adjustment-P & A NET WORTH Capital Stock Treasury Stock Retained Earnings Dividends Investment Drawing Additional Paid in Capital Profit (Loss) After Taxes SALES 4010 4011 4020 4030 4040 4050 4060 4070 4080 4090 4200 4220 4230 4250 4270 4276 4301 4302 4303 4304 4307 4315 4320 4370 4400 4409 4420 4429 4430 4439 4440 4460 4500 4520 4530 4560 4570 COST 6010 6011 6020 6030 6040 6050 6060 6070 6080 6090 6099 6200 6220 6230 6250 6297 6298 6299 6270 6276 6280 6286 6290 6295 6296 6301 6312 6302 6313 6303 6304 6307 6317 6318 6319 6315 6320 6330 6370 6380 6390 6395 6397 6399 6400 6409 6420 6429 6430 6439 6440 6450 6460 6500 6520 6530 6550 6560 6570 SALES AND COST OF SALES NEW VEHICLE DEPARTMENT New Vehicle-Kia Sportage-Retail New Vehicle-Kia Soul-Retail New Vehicle-Kia Rondo-Retail New Vehicle-Kia Rio-Retail New Vehicle-Kia Optima-Retail New Vehicle-Kia Sedona-Retail New Vehicle-Kia Spectra-Retail New Vehicle-Kia Sorento-Retail New Vehicle Amanti New Vehicle-Kia Open Retail New Vehicle Dealer Cash Incentives-Kia New Vehicle-Kia-Fleet New Vehicles-Other-Retail After Incentives New Vehicles-Other-Fleet After Incentives After Market Products-Kia Cost of Sale-LIFO Adjustment-New Kia Cost of Sale-LIFO Adjustment-New Other Repo Losses-New Vehicles F & I DEPARTMENT Service Contract New-Kia Service Contract New-Other Finance Income New-Kia Finance Income New-Other Insurance Income New-Kia Adj. F & I Svc. Cont.-Kia Insurance Income New-Other USED VEHICLE DEPARTMENT Used Retail Cars-After Reconditioning Used Retail Cars Reconditioning Used Retail Truck-After Reconditioning Used Retail Truck Reconditioning Used Car-CPO Kia Used Truck-CPO Kia Used Vehicle-CPO Other Used Car CPO Kia Reconditioning Used Truck-CPO Kia Reconditioning Used CPO Other Reconditioning Kia Demos & Daily Rentals / Fleet Resale Used Vehicles-Wholesale Adjustment-Used Vehicle Inventory Service Contracts-Used Finance Income-Used Insurance Income-Used Adj. F & I Used & Program Cost of Sale LIFO Adjustment-Used Repossession Losses-Total Used SALES AND COST OF SALES ODDS SERVICE DEPARTMENT Customer Mechanical Labor-Kia Customer Mechanical Labor-Other Warr. Claims Mach. Labor-Kia Warr. Claims Mach. Labor-Other Internal Mechanical Labor-Kia Internal Mechanical Labor-Other Pre-Delivery Service Labor Labor-Unapplied Time-Mech. Sublet Repairs-Mechanical BODY SHOP DEPARTMENT Customer Body Shop Labor Warranty Claims Body Shop Labor Internal Body Shop Labor Labor-Unapplied Time-Body Shop Sublet Repairs-Body Shop Body Shop Materials SALES AND COST OF SALES ODDS CONTINUED SALES 4700 4709 4710 4719 4720 4729 4730 4739 4740 4749 4750 4759 4770 4780 7000 7010 7020 7030 7040 7050 7110 7120 7140 7150 7160 7170 7180 7190 7200 7210 7220 7230 7250 7260 7270 COST 6700 6709 6710 6719 6720 6729 6730 6739 6740 6749 6750 6759 6760 6770 6780 6797 6799 PARTS AND ACCESSORIES DEPT. P&A R.O. Cust. Mech.-Kia P&A R.O. Cust. Mech.-Other P&A R.O. Cust. Body Shop-Kia P&A R.O. Cust. Body Shop-Other P&A Warranty Claims-Kia P&A Warranty Claims-Other P&A lnternal-kia P&A Internal-Other P&A Counter Retail-Kia P&A Counter Retail-Other P&A Wholesale-Kia P&A Wholesale-Other P&A Inventory Adjustments Tires, Gas, Oil & Grease Non-Automotive Merchandise Cost of Sale LIFO Adjustment-P & A Parts & Access.-Purchase Discounts Earned DEPARTMENTAL SELLING EPENSES Sales Compensation Supervision Compensation Delivery Expense Finance, Insurance & Service Contacts Compensation Advertising-Departmental Interest-Floor Plan DEPARTMENTAL OPERATING EPENSES Policy Adjustments Claims Adjustments Demos & Company Vehicles-Dept'l. Inventory Maintenance Personnel Training Outside Services-Departmental Freight Supplies and Small Tools Laundry and Uniforms Depreciation-Equipment and Vehicles-Dept'l. Equip.-Maintenance, Repair & Rental-Dept'l. Miscellaneous Expense Salaries and Wages Clerical Salaries Vacation & Time Off Pay COMPLIMENTS OF CALL TOLL FREE 1-(800)-ADP-ADP-ADP TO REORDER COA-KIA (11/08)
CHART OF ACCOUNTS KIA DEALERS' STANDARD ACCOUNTING SYSTEM SALES AND COST OF SALES ODDS - CONTINUED ACCT. NO. OVERHEAD EPENSES 7400 Rent and Equivalent 7410 Salaries & Wages-Admin. & General 7420 Owners Salaries 7430 Payroll Taxes 7440 Employee Benefits 7450 Pension Fund/Profit Sharing 7460 Advertising-General & Institutional 7470 Stationery and Office Supplies 7480 Computer System Services 7490 Outside Services-General & Institutional 7500 Company Vehicles-Administration 7510 Contributions 7520 Dues and Subscriptions 7530 Telephone 7540 Legal and Auditing Expense 7550 Postage 7560 Travel and Entertainment 7570 Heat, Light, Power and Water 7580 Furniture, Signs, Fixtures & Equipment- Maintenance, Repair and Rental 7590 Furniture, Signs, Fixtures & Equipment- Depreciation 7600 Insurance-Other Than Bldgs. & Improv. 7610 Taxes-Other Than Real Estate, Payroll & Income 7620 Interest-Other Than Floor Plan & Real Estate Mortgage 7630 Taxes - Real Estate 7640 Interest Real Estate Mortgage ADJUSTMENTS 7700 Bonuses-Employees 7710 Bonuses-Owners 7800 Estimated Income Taxes OTHER INCOME 8000 Cash Discounts Earned 8010 Interest Earned 8020 Bad Debts Recovered 8040 Other Income 8050 Lease Income 8060 Rental Income 8070 Kia Standard Income OTHER DEDUCTIONS 8100 Cash Discounts Allowed 8120 Adjustments for Doubtful Accounts 8140 Other Deductions 8150 Lease Expense 8160 Rental Expense DEPARTMENTAL DISTRIBUTION NEW OTHER USED SERV. BODY P & A 7001 7011 7021 7031 7041 7051 7111 7141 7151 7161 7171 7191 7201 7211 7221 7231 7251 7261 7271 7401 7411 7421 7431 7441 7451 7461 7471 7481 7491 7501 7511 7521 7531 7541 7551 7561 7571 7581 7591 7601 7611 7621 7631 7641 7002 7012 7022 7032 7042 7052 7112 7142 7152 7162 7172 7192 7202 7212 7222 7232 7252 7262 7272 7402 7412 7422 7432 7442 7452 7462 7472 7482 7492 7502 7512 7522 7532 7542 7552 7562 7572 7582 7592 7602 7612 7622 7632 7642 7003 7013 7023 7033 7043 7053 7113 7143 7153 7163 7173 7193 7203 7213 7223 7233 7253 7263 7273 7403 7413 7423 7433 7443 7453 7463 7473 7483 7493 7503 7513 7523 7533 7543 7553 7563 7573 7583 7593 7603 7613 7623 7633 7643 7004 7014 7044 7114 7124 7144 7164 7174 7194 7204 7214 7224 7234 7254 7264 7274 7404 7414 7424 7434 7444 7454 7464 7474 7484 7494 7504 7514 7524 7534 7544 7554 7564 7574 7584 7594 7604 7614 7624 7634 7644 7005 7015 7045 7115 7125 7145 7165 7175 7195 7205 7215 7225 7235 7255 7265 7275 7405 7415 7425 7435 7445 7455 7465 7475 7485 7495 7505 7515 7525 7535 7545 7555 7565 7575 7585 7595 7605 7615 7625 7635 7645 7006 7016 7046 7116 7126 7146 7156 7166 7176 7186 7196 7206 7216 7226 7236 7256 7266 7276 7406 7416 7426 7436 7446 7456 7466 7476 7486 7496 7506 7516 7526 7536 7546 7556 7566 7576 7586 7596 7606 7616 7626 7636 7646 COMPLIMENTS OF CALL TOLL FREE 1-(800)-ADP-ADP-ADP TO REORDER
6 2 6 8 12 4 10 12 9 10 15 11 12 13 14 2 6 4 8
1 2 3 4 5 6 1 2 3 4 1 2 3 4
7 8 9 10 11 12 13 14
1 3 5 2 4 6 1 2 4 5 6 9 11 1 2 3 7 8 10
1 3 5 2 6 4 11 12 13 14 1 5 2 6 7 3 4 8