Auto repair and body shops sell parts and labor on the same ticket, keep parts inventory on the shelf, and pay technicians in ways that range from hourly to flat-rate. Epsilon Accounting Solutions helps shop owners keep parts, labor, and payroll accurate so the numbers show where the profit really comes from.
Where We Help Most
- Parts inventory and cost of goods sold tracked accurately.
- Sales tax on parts handled correctly on every ticket.
- Technician payroll, including flat-rate and commission pay.
- Lift, diagnostic equipment, and tool purchases planned with depreciation in mind.
- Margin reporting on parts versus labor.
Parts Margin Versus Labor Margin
Shops often assume they make most of their money on labor, then find parts margins are thinner than expected, or the other way around. We separate the two on your statements so you can adjust pricing, supplier choices, and technician pay with clear numbers in front of you.
How We Work Together
We start with a conversation about how your auto repair business runs day to day, then set up a monthly routine that fits it: what you send us, when you’ll get reports, and when we’ll check in. From there, you have one CPA who knows your numbers and answers your questions directly, all year long.
What We Provide
- Monthly bookkeeping and financial statements
- Business tax preparation
- S-Corp formation and tax planning
- Payroll services
- Part-time CFO guidance for growth decisions
We work with auto repair shops in Edmond, Oklahoma City, and across Oklahoma, and serve clients in other states virtually. See the other industries we serve.
Want a CPA who understands how your business works? Call (405) 458-8949 or schedule a consultation.