Product Tracking

If you provide very similar items to different customers, you can track sales and costs at the product level rather than become overwhelmed with job tracking.

For example a consultant may have a series of five training seminars which he will give in five different locations around the country.

The number of trainees varied at each location.

The cost of the room hire and food varies at each location.

The cost of the virtual assistant to help out during the training seminar also varies.

The consultant could treat each course at each location as a separate job which would give the most information but it’s quite a lot of work.

Or he could pool the revenues and costs by course or by location and work out averages. Whatever makes the most sense.

The consultant may want to keep note of attendances at each course in each location but for general planning, contribution per event may be enough.

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