One of the most
important things you can learn about your business is whether (and where)
you’re making or losing money. The session will look at the process of creating
a job budget (estimate) in QuickBooks and populating job-related reports with
actual costs so you know where you stand throughout the production process and
by the end of the job.
Specific areas covered will be:
- Understanding the difference in levels of detail required in the estimate process vs. the job costing process
- Review the importance of aligning estimating and job costing categories
- Creating a QuickBooks estimate (the basis of comparing actual costs to budgeted costs)
- Populating job cost reports
- Getting fully burdened labor costs into QuickBooks job cost reports (whether you run in-house payroll or outsource it)
- Interpreting reports
- Creating and tracking change orders