Construction Company: Chart of Accounts
1) Could anyone help me out with finding a Chart of Accounts for a construction company that renovates homes with a turnaround time of 6 months (ie. flipping houses)?
2) In my old job I was used to corporate accounts, but now I find myself a little confused with how elaborate the inventory sub-ledger needs to be since I am capitalizing all costs to the Construction-in-Progress Inventory until the sale of the home (where I can then recognize the expenses). Does Quickbooks accomodate for creating a sub-ledger for the inventory?
Or am I going about this the wrong way?