Creating Double-Sided Items for Tracking Costs & Revenues

Print Friendly, PDF & Email

 

QuickBooks uses Items extensively.  Items are used on just about every form in QuickBooks, from Estimates, Invoices, Purchase Orders, bills and checks, and coupled with your Chart of Accounts form the very backbone of your job costing.

In Quickbooks Pro. Premier, and Enterprise you can set up items so that a single item can track both Income and Expenses.  This means that you can use the item on Purchase Orders, Bills, or Checks to cost information to an Expense or Cost of Goods Sold Account; and then use the same item on Estimates and  Invoices to send revenue to an Income Account.

Request your copy of this article today, by clicking the button below.

Note:  While this is a free article, we do request that you enter your email address so that we can notify you if this article is updated.

Leave a Reply

Your email address will not be published.