Cost accounting question
We have a client who uses machinery such as cars and various other heavy implements in his business. These are often allocated to diffrent projects. We would like to display a report just for managerial purposes that for every machine used in a project its revenue could be recognised and expensed to the project but added as revenue to the company.
Then after some time we would run this report and we can tell if the vehicles/machinery's revenues to the company. This is important as we would tell is have a certain machine is actually profitable or not .