As a manager watching cash flows and managing against fixed operating costs, what is more interesting to me than a regular Accounts Receivable report would be a report that shows the operating profits for each accounts receivable item and subtotaling that. Seeing the expected future operating profits is much more meaningful to me since those operating profits are what pay off fixed expenses and cost of goods.
The question is does QB 2007 include any way for me to encode within each invoice line item what is our cost for the item? I realize the Quickbooks inventory system has a way to do something like this, but our inventory requirements are far more complex than what Quickbooks can do. It would be fine for us to simply manually record our cost line by line within the invoice, or as a single lump sum across the whole invoice.
Is there a way to do anything like this?