Bonus: For those that sign up below you will be given access to our extensive QuickBooks "How To" video library that cover all aspects of QuickBooks.
Course Description: Our ½ day seminar/workshop will focus on how to properly do job costing in QuickBooks from initial setup of a job to the nuances involved with applying revenues and direct/indirect costs to a job. This course assumes the attendee is a QuickBooks user and has a fundamental understanding of QuickBooks’ functionality.
Learn and Grow by Gaining the Following QuickBooks® Job Costing Insights and Answers:
7 key reports to obtaining job costing mastery
4 steps to properly setting up a job from beginning to end
3 processes to making sure revenue and costs are properly matched in the correct accounting period
5 time reporting and overhead allocation tactics to adopt
2 considerations when determining to use a double sided item for service and/or non-inventory parts
4 cost types that can be billed directly to a customer’s job
3 reasons to use the enter bills function vs. the write checks function
3 ways to capture custom information to increase better decision making and profits
Who Should Attend?
Business owners and/or managers who want to optimize their resources and decision making by knowing what they are really making (or losing) on a job
Bookkeepers who need to know how to properly set up and track revenues and expenses against a job and what are the best reporting practices related to job costing
Spouses who help with the books on a part-time basis and want to understand good job costing processes and procedures
Class Time: 11:00am – 3:00pm EST
Lesson 1: Introduction
How do you define a job?
Revenue and cost considerations in a job
QuickBooks ability to handle job costing
Where are you at?
Where do you want to go?
How to bridge the gap
Lesson 2: Setup and Design
Setting up a job in QuickBooks
Chart of account considerations
Item list setup and consideration
Fixed Asset list – use it!
Break: 1:00pm – 1:15pm
Lesson 3: Revenue Transactions (including discussion of accounting aspect of each transaction)
Using Sales Orders
Using Invoicing/Sales Receipts
Lesson 4: Expenditure Transactions (including discussion of accounting aspect of each transaction)
Determining whether to use inventory vs. non-inventory items
Using Purchase Orders
Entering and allocating bills (expenditures) to jobs
Entering and allocating time dollars to jobs
Allocating overhead – review different methods
Cost:QuickBooks - Job Costing Made Easy$99.00
If you have any questions, please do not hesitate to call us at 800-577-0266
Note: A receipt is emailed to you upon "Make Payment" completion.
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