Hi there, Quick Books Online user here.
So the owner of the company I work for was asking me if there is a way for us to separate out our job income (the funds we collect from the customer for each job). He wants to be able to separate out the gross profit , overhead and eventually sales commissions into 1 or 3 separate accounts every time we sell a job and collect payment.
from what I gather, this is the best way I can describe how it would work.
job sells for $10,000
COGS is $7000
Gross profit is $3000
I really have no idea where to start and appreciate and ideas or advice.
