tcple.blogg.se - Quickbooks desktop premier contractor edition

Setting up jobs in QuickBooks: QuickBooks allows you to set up customer jobs and sub jobs.You will also want to make sure that your chart of accounts includes those revenue and cost of goods sold accounts that you want to see when running reports. This will allow you to set up the jobs that you will code your expenses to and apply payroll to those jobs (if you are using QuickBooks payroll). From the Preferences menu, you will need to enable job costing, items and payroll class and item tracking. Setting up your QuickBooks file for job costing: In order to set up your QuickBooks file for job costing you will need to enable several settings.QuickBooks Enterprise Edition will also offer WIP tracking and committed cost tracking. This edition of QuickBooks is specifically tailored to general contractors and offers unique tools and reports that are not included in other editions of QuickBooks.

Selecting the proper version of QuickBooks: While basic job costing can be done in almost any version of QuickBooks, including QuickBooks Online, the best version currently available for contractors is QuickBooks Desktop Premier Contractor Edition.

There are five key steps to setting up your QuickBooks file for successful job costing. Tracking jobs in QuickBooks is key to understanding individual job profitability as well as preparing a work in process (WIP)) schedule for those jobs that are in process.

QuickBooks Desktop offers powerful tools to help contractors track and understand their jobs.