QuickBooks® 2014 on Demand

8. Job Cost Estimating and Tracking

What You’ll Do

Set Jobs and Estimate Preferences

Set Up a Job

Track Job Status and Type

Use the Job Type Feature

Track Other Job Info

Work with Estimates

Invoice Against an Estimate

Report on Job Estimates Versus Actuals

Introduction

QuickBooks Pro and higher versions contain the job cost estimating feature, which allows you to create estimates for your work and track income and expenses on a job-by-job basis.

An estimate is a bid or quote for a job. You create an estimate and then invoice the customer either at the completion of the job or as the job progresses. Estimates can be revised as work on the job advances, and QuickBooks enables you to create more than one estimate for the same job.

Keep in mind ...