04/18/2019 – Job Costing and Construction Accounting in QBO (Plus/Advanced)

Table of Contents:

  • 00:00:00 Intro
  • 00:24:49 Projects (how to turn on projects) (Plus/Advanced Editions)
  • 00:25:53 – Sales (customers) (new customer) (create sub customer) how it works step by step
  • 00:27:58 – How to create a new project (step by step) (example)
  • 00:28:54 – Create invoice
  • 00:30:27 – Edit your project
  • 00:31:49 – How to cancel your project
  • 00:32:15 – Options, filters in projects tab
  • 00:33:23 – Add to project (estimate)
  • 00:35:20 – Bundle (how it works)
  • 00:40:29 – Create purchase order
  • 00:47:27 – Job Costing (create check) (item details)
  • 00:49:55 – Create bill
  • 00:52:04 – How much do you want to invoice (step by step) (enable progress invoicing)
  • 00:56:22 – Reports (estimates & progress invoicing summary by customer) (job costing company with payroll)
  • 00:57:30 – Transaction list with splits (job costing with payroll) (CSV excel example)
  • 01:05:01 – Time sheets and labor costing
  • 01:06:44 – Time activity
  •  01:08:21 – Weekly timesheet (step by step)
  • 01:09:49 – What to do if payroll is turned on (create timesheet, create paycheck)
  • 01:11:00 – Run payroll
  • 01:12:45 – Paycheck
  • 01:14:28 – Reports (standard) (profit and loss report)
  • 01:18:05 – Switch company with no payroll
  • 01:18:36 – how to add new employee
  • 01:20:06 – New project (using timesheets to ghost post payroll)
  • 01:20:39 – Create estimate
  • 01:21:24 – Hourly cost rate
  • 01:25:24 – Test project for non-payroll files (overview) (project reports) (time activity)
  • 01:27:14 – Check
  • 01:27:58 – Profit and loss report
  • 01:29:08 – Create Journal Entry (payroll expenses)
  • 01:30:42 – Report period
  • 01:31:15 – Pros & Cons (P&L or Project Screen)
  • 01:35:00 – Project report (time cost by employee or) (workers, contractors) (add subcontractor to timesheet)
  • 01:37:34 – Unbilled time and expenses (expense) (weekly timesheet)
  • 01:40:16 – Useful Reports
  • 01:42:24 – Working with the Company file with Payroll

AW04182019.pdf