Planning your bookkeeping methods can make a difference in your company's success.
One of the biggest debates in the remodeling industry centers on how companies should account for their initial showroom display fixtures. By display fixtures I mean any faucet, bathtub, cabinet, countertop or other material that can be taken off display and sold to a customer.
Planning and building out a new showroom will include many items that can be considered either inventory or display assets. How you account for each of these items may help or hurt your business as you start your new remodeling operation.