QuickBooks for Contractors-Job Costing Basics from A to Z Recording

QuickBooks for Contractors-Job Costing Basics from A to Z Recording

Videos
Job Costing in QuickBooks can be one of the most agonizing tasks that a commercial or government construction contractor and their bookkeepers face on a daily basis. In fact, I talk to folks every day that tell me “I can’t get any job costing reports or information out of QuickBooks!”, and they usually aren’t very happy about the situation. Sometimes that statement literally means that they see no job costing information in QuickBooks, they can't make any sense of the reports or information that they do see – OR –the job costing reports they do see don’t look like the reports that they were used to from their old accounting system, which was industry specific. While I can’t make the reports look the same in QuickBooks as they did in…
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4/9/2014 QuickBooks for Contractors hangout – Time & Materials Billings

Google+ Hangouts, QuickBooks Training
This hangout is an addition to our popular QuickBooks Job Costing from A-Z Webinar, which was held on March 26, 2014, and discusses using Estimates and Progress Invoices when you have Time & Materials or Cost Plus jobs. When you have Time & Materials or Cost Plus jobs and want to use the QuickBooks Estimate function, there is an additional step that you'll need to do in order for your numbers to line up correctly in the Estimates vs. Actuals Report - tips and techniques are discussed in this hangout. Unfortunately, I've found that the screen sharing feature in the Google+ hangout doesn't capture all of the pop up windows in QuickBooks, so I've put together an article that includes screen shots of the windows that weren't captured during the…
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QuickBooks Job Costing from A-Z Webinar

QuickBooks Job Costing from A-Z Webinar

Live Webinars, QuickBooks Training
  March 26, 2014 1-2:30 p.m. EST Job Costing in QuickBooks can be one of the most agonizing tasks that a commercial or government construction contractor and their bookkeepers face on a daily basis. In fact, I talk to folks every day that tell me “I can’t get any job costing reports or information out of QuickBooks!”, and they usually aren’t very happy about the situation. Sometimes that statement literally means that they see no job costing information in QuickBooks – OR –the job costing reports they do see don’t look like the reports that they were used to from their old accounting system, which was industry specific. While I can’t make the reports look the same in QuickBooks, I can show you how to properly set up and use…
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1/8/2014 QuickBooks for Contractors hangout-Job Costing Reports

Google+ Hangouts
QuickBooks generates a lot of Job Costing Reports - if it is set up correctly!  We'll look at some of them and discuss ways that you can calculate Over/Under Billings and WIP Reports from basic QuickBooks Job Costing Reports. 1/8/2014:  Links for items mentioned in the hangout: Job Cost Report with hours & Payroll Costs - https://www.blog.sunburstsoftwaresolutions.com/2011/06/20/create-a-quickbooks-job-cost-report-with-hours-payroll-costs Simple Over/Under Billings Report with % Complete instructions - https://blog.sunburstsoftwaresolutions.com/2014/01/10/quickbooks-tip-how-to-calculate-overunder-billings/ Watch the hangout recording:
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eBook: Getting Equipment Costs into QuickBooks Job Costing Reports

eBooks
Getting equipment costs into your QuickBooks Job Costing reports is a crucial piece of your overall job costing. If you feel that getting equipment costs into your job costing was a function that only costly construction software was capable of doing.  Think again, QuickBooks can track this accurately if it's set up correctly.  Yes, it's a little more work - but it's accurate, effective, and a whole lot cheaper than costly construction software. Whether you own, rent, or lease equipment you need to know the hourly or daily cost to have each piece of equipment on the jobsite and you need to get these costs into your QuickBooks Actual vs. Estimate and Job Profitability Reports. Our 32-page eBook will teach you: How to determine the cost-per-hour for each piece of…
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Why is Job Costing so important?

Business Productivity Tips & Training
Job cost tracking is an extremely important part of every contractor's business. Job costing tracks the expenses for a job, and then allows you to compare those expenses to the jobs revenue.  This tells you which jobs are making money and which jobs are not. By using QuickBooks built-in job costing tools you can easily see exactly how much money you are spending on each of your jobs. Job costing within QuickBooks can also help you estimate future jobs more accurately. Estimating id one of the most important – and most difficult – part of running your construction business. And unless you have the ability to compare your actual costs to your estimated costs after the job has been completed, you will have no way of knowing if your estimating…
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