I have a client who owns an interior design business. She buys wholesale & retail items, and then turns around and resells them to a client for a higher price.
Sometimes she'll buy an item and sell it to a client immediately, but sometimes she'll buy something not knowing who she'll sell it to, and will sell it months later. My questions:
1. Should we be keeping up with linking that wholesale transaction to the sale of the item transaction? Or is it all just money in and money out, no need to keep track?
2. If we need to keep track, what is the most efficient way to do this? Class feature, inventory, COGS, Products/Services, etc?
I have researched and researched and can't figure out the best way to do this!
