Hey Guys,

I was wondering - how do you commonly organize internals? Surely, most software services companies have similar requirements, earn money through projects and spend them on salaries.

But from an accounting system point of view, do you account things in a normal/simple way (profit = revenue - cost) or a bit more detailed (profit = revenue - cost of service sold - cost of sales - cost of infrastructure - cost of management  - other administrative expenses) or do you maybe even go as far as to give every entity within the organization it's own balance sheet (so that each team for example 'pays rent' to the 'infrastructure' team, the sales team pays for an 'estimate' and each project 'pays' for developers, project managers, etc?

I am interested to find out if there is a better way to do accounting, including project accounting, than what I currently have in my excel based system (which is pretty primitive). I can't currently easily see where the profits and losses are occurring, since I only see the 'bottom line'.