DESKTOP EDITION CLOUD EDITION SERVER EDITION GUIDES FORUM

Accounting for services provided and for labour


#1

How do i account for services that i can supply like hiring products and how do you report any labour costs correctly?


#2

You could create under Settings - Non Inventory Items, items based on the hiring’s & labour.
These items are then used within your Sales Invoices.


#3

Hi
That’s a great help, thank you. What about items that I gave had to buy,
like a light if speaker that I would put in my hire department and I hire
then out over and over again?


#4

If you are buying items which are repairs to your hire equipment then expense that cost.
If you buy new equipment to hire out, then you would record that as a fixed asset.