Job Estimating, Billing, and Tracking
In This Chapter
Turning on job costing and setting up jobs
Creating estimates and estimate-based invoices
Charging for time and out-of-pocket expenses
Comparing budgeted, estimated, and actual job information
QuickBooks Pro, Quick Books Premier, and QuickBooks Enterprise Solutions have a feature that’s very interesting for businesspeople — such as contractors, consultants, engineers, and architects — who do jobs or projects for their customers. These flavors of QuickBooks have the capability to do simple project or job costing. This capability means that your business can create project or job estimates; track revenues, costs, and profits by project or job; and bill invoices by project or job.
In this short chapter, I describe the QuickBooks job costing feature.
Turning On Job Costing
To turn on the job costing or estimating feature in QuickBooks, choose Edit⇒Preferences. Click the Jobs & Estimates icon on the left; click the Company Preferences tab (as shown in Figure 16-1); and then use the Do You Create Estimates? and Do You Do ...