Hello to all my friends using QuickBooks desktop for their contractor business or construction company. This contractor’s desktop training tutorial will show you how to track your expenses by job. If you simply use the “customer/job” field to assign a client or client’s job to a check or bill, then that expense or job cost will be tracked to a specific job. Then you can see the results per client and per job in the “profit and loss by job” report. I hope you will “like” and subscribe! -Mark
We are a plumbing & Heating service business. Along with inventory parts being charged to the customers, we also have an hourly rate. How would I set this up so that I can have the actual cost of the technicians labor added in with the cost of parts to know how each service job does on the profit & loss report? The way I have it set up now there is no cost of labor charges going against the profit?
Thank you Pam, The best way to tell you is to show you. Click in tyhe top-right corner of this video to get the link to the full contractor's playlist. Then, watch it in Proper ordr and you will know everything. You will see from the video titles it has all the topics a contractor needs. Please confirm and I'm here if you have any questions. -Mark
@@worldwidequickbooks A general contractor usually has a fixed contract amount with the project owner. Then the general contractor has subcontractors complete portions of the work for fixed subcontract amounts. QB doesn’t seem to allow tracking of multiple subcontracts within a general contract. Tracking includes original subcontract amount, scope of work, subcontractor info, subcontract change orders, subcontract payments, retention held, documents received (lien releases, insurance certificate, etc. ). QB doesn’t seem to work fir general contractors.
How to pay vendor through check payment window? Will that affect the total of the vendors in the trial balance, since we have to follow certain procedures for paying vendors Kindly advice
check window payments do not change vendors balances. You can open the check window, put the data and in the bottom right, put the customer or job that it is for.
How can I just print out the information for selected jobs in that particular report “profit and loss by job” ? Otherwise I have a huge report full of information I don't need.
You can customize the report by clicking in the top left and then you can filter by the specific customer and job that you need to see. Try clicking in the top left to customize and modify the report. Then click filter and see if you can filter it by the one job. You need on the report and then once you have that you can print it out. Mark
Hello to all my friends using QuickBooks desktop for their contractor business or construction company.
This contractor’s desktop training tutorial will show you how to track your expenses by job. If you simply use the “customer/job” field to assign a client or client’s job to a check or bill, then that expense or job cost will be tracked to a specific job. Then you can see the results per client and per job in the “profit and loss by job” report.
I hope you will “like” and subscribe!
-Mark
very helpful to this real world contractor. Thank you!
It's my pleasure to help. I hope you will click "like" and subscribe
We are a plumbing & Heating service business. Along with inventory parts being charged to the customers, we also have an hourly rate. How would I set this up so that I can have the actual cost of the technicians labor added in with the cost of parts to know how each service job does on the profit & loss report? The way I have it set up now there is no cost of labor charges going against the profit?
Thank you Pam,
The best way to tell you is to show you.
Click in tyhe top-right corner of this video to get the link to the full contractor's playlist.
Then, watch it in Proper ordr and you will know everything.
You will see from the video titles it has all the topics a contractor needs.
Please confirm and I'm here if you have any questions.
-Mark
If I am a general contractor, does QB job costing allow for fixed subcontract tracking within jobs?
I don't know what that is --> "fixed subcontract tracking within jobs"
@@worldwidequickbooks A general contractor usually has a fixed contract amount with the project owner. Then the general contractor has subcontractors complete portions of the work for fixed subcontract amounts. QB doesn’t seem to allow tracking of multiple subcontracts within a general contract. Tracking includes original subcontract amount, scope of work, subcontractor info, subcontract change orders, subcontract payments, retention held, documents received (lien releases, insurance certificate, etc. ). QB doesn’t seem to work fir general contractors.
How to pay vendor through check payment window?
Will that affect the total of the vendors in the trial balance, since we have to follow certain procedures for paying vendors
Kindly advice
check window payments do not change vendors balances. You can open the check window, put the data and in the bottom right, put the customer or job that it is for.
great !
Thank you
I hope you will subscribe
How can I just print out the information for selected jobs in that particular report “profit and loss by job” ? Otherwise I have a huge report full of information I don't need.
You can customize the report by clicking in the top left and then you can filter by the specific customer and job that you need to see.
Try clicking in the top left to customize and modify the report.
Then click filter and see if you can filter it by the one job. You need on the report and then once you have that you can print it out.
Mark