Our company is in the process of establishing separate "profit centers" or business units which will each be tracking job profitability. These business units will sometimes share the same customer/vendor base. We are currently using classes to track separate departmental costs.
Any suggestions as to how we can establish these separate "profit centers" and produce full financials for each?
I don't know the difference between your departments and your profit centers. Normally classes are used for different profit centers (or locations) of a business. The only financials you will be able to get will be Profit & Loss though because classes do not apply to Balance Sheet accounts. The only way to get around that is to make separate companies for each profit center and then export them to Excel at year end to combine for the tax return.
