supplier invoices under items

Tracy_7377881
Tracy_7377881 Member Posts: 3
edited August 2019 in Reckon One
I am using Reckon Accounts Premier Edition 2014.  The company I work for supply services which are bought from a supplier and then sold on to a customer at a profit,  so I enter supplier invoices under 'items' against the service that is on charged to a customer rather than COGS/Expenses.  However in the Profit and Loss the amount is netted off under income so does not show Sales less costs it just shows income which is the same as Gross Profit.  Is there a way of showing Total Sales i.e Turnover less costs to give a gross profit.


Comments

  • Adrian_6974554
    Adrian_6974554 Member Posts: 191 ✭✭
    edited August 2019
    I comes down to how the item has been setup.

    If it has been setup as a service item, then tick
    This service is used in assemblies or is performed by a subcontractor or partner.

    You then get the option to select where the expense account is allocated and the income account is allocated.

    Adrian