Profitability Tracking
by Greg Kravchak
(Virginia Beach)
Is it possible to track profitability on a sale from cost that gets applied to a manufacturing or work order?
Jennifer replies:
Hello Greg,
Work orders do not post to the general ledger, which means that they do not affect any financial reports in QuickBooks.
Therefore, you cannot track profitability via a work order. You must convert it to an invoice before QuickBooks can compute profitability.
I hope this answers your question about profitability tracking. Take care and thanks for writing.