Design vs Construction Costs in one business
My clients are a husband/wife designer/contractor team. They would like to see which part of their business is more profitable. I was going to use classes to track the costs but ran into difficulty when it came to trying to figure out which class to use for overhead costs.
I've decided instead to set up 2 separate COGS accounts and 2 separate Job Income accounts for design and construction and will track their activity accordingly. I have also set up one or two expense accounts for specific design or construction overhead expenses to separate those out.
Most of the other overhead expenses would remain the same if they eliminated with design or construction.
This seemed easier and cleaner than using classes.
Does anyone have any other thoughts or suggestions?
