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Departments

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Ecocrop

Departments

Post by Ecocrop » 28 Dec 2006, 20:27

Sorry to come with three posts but I am stuck with these and am struggling to get answers elswhere. I am hoping omeone will take pity on me.
Is it possible to have sub departments eg, On an estate there are a range of activities, farming, fishing, cottage lets, forestry and each of these would be treated as a department but all of the same business. Now the cottages for example would have long lets and holiday lets and I would like these to be separate departments but sub departments of Cottage Lets which in turn is a sub department of the Business. There is a similar facility in Quickbooks which is called classes and there can be sub classes of these as described above.
Grateful for any guidance and I have only one more post so thanks for your patience.

Kind regards

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brucedenney
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Post by brucedenney » 04 Jan 2007, 17:51

What you describe as departments, are what I would describe as nominal analysis.

With your cottage example If I had long and short lets I would use a different nominal code for each type of sale.

If you wanted to treat them as departments, then you would also be looking to also split the electricity bills, maintenance costs and all the rest into individual codes and use departments to tell you how much profit the long letting department made versus the short letting department.

I am not sure of the question, the answer is that sage offers no sub departments.
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Ecocrop

Re Departments

Post by Ecocrop » 04 Jan 2007, 19:19

Thanks for reply and sorry my explanation was not very clear. I have an example of an Estate where there are multiple income producing enterprises,
namely, Farming, Fishing, Forestry, Long Lets, Holiday Lets. The Estate is a business so accounts are produced for the business with P & L, balance sheet, etc. What I also need to do is produce statements of income and expenditure for each of the enterprises, appreciating that costs such as electricity, labour, etc will be split between the enterprises. Also if for example the forestry was split between hardwoods and softwoods, I would want a statement of income and expenditure for the hardwoods and the same for the softwoods, but also for the two combined, ie forestry. This is where I called the concept sub departments. Is this feasible without allocating individual nominal codes?
Thanks again.

Grahan

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brucedenney
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Post by brucedenney » 04 Jan 2007, 19:51

Short answer is No, you would need to use separate nominal codes, there is no sub department analysis
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