How do i invoice labour so that the costs appear in the profitability report. When i invoice customers, there are labour ours that we bill a customer. Now these labour hours also have other production overheads that i would want to reflect as my costs because i have put an overhead absorption rate as the cost of labour. When we charge a customer, we put a markup on the labour costs to make a profit as my installation charge. now the double entry that i expect to see is:-
DR Installation labour and Overheads expense account
CR Sales
This is not the case because nothing is posting to the cost account hence my Job profitability will be wrong.
Regards
Pardon
