Projects, Progress Invoicing, & Job Costing in QBO

Partner: Udemy
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Description: QuickBooks Online’s Projects Center has new tools for construction and project management bookkeeping, including Estimates, Progress Invoicing, and Job Costing.You’ll learn about:ProjectsCreating estimatesClosing estimatesConverting estimates to invoicesHow to track change ordersDoing progress invoicingTaking depositsTaking partial paymentsIssuing customer statementsMaking bank depositsMaking time and materials expenses billable to customersCreating Journal Entries for payroll and expense job costing (and class costing)Creating $0 Paychecks for Owner's timeRunning job costing reportsSubtracting RetainageCalculating Work-in-Progress (WIP)After completing this course, you will be able to:Identify the features in the Projects Center to manage construction and other job-based activityDescribe the process to send estimates and milestone invoices to clientsRecognize a variety of job costing reports.Identify the steps to assign expenses to clients for job costing and invoicingReview a variety of methods to calculate labor costsDescribe the process for managing client deposits, retainage, and WIPInstructional LevelIntermediateCourse Length3 hoursField of StudyComputer Software & ApplicationsDelivery MethodQAS Self StudyWho should take this class?Businesses who work in the fieldBusinesses that write estimates or bid on jobs, take deposits for work to be performed, take partial payments
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Price: 24.99
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Source: Impact
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