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Job Costing and Project Management w/Quickbooks

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CADDICK & CO ACADEMY

#204 – 339 Bernard Ave

Kelowna, BC V1Y 6N6

Canada

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JOB COSTING WITH QUICKBOOKS PREMIER DESKTOP

Job costing is accounting which tracks the costs and revenues by "job" and enables standardized reporting of profitability by job. (Wikipedia)

The key words in this definition are Reports and Profitability! The number one pain point we hear from business owners is the lack of useful reporting. With Contractors, Homebuilders and even bookkeepers, we need to track time and material that we charge to a project or client. Construction usually provides an estimate to the client and proper reporting would tell the contractor if he made or lost money on the project.

Quickbooks has amazing job costing/project management capabilities but you must set it up properly from the very beginning – I am sure you have heard the expression; garbage in = garbage out. This is especially true for job-costing. We will show you how to maximize your Quickbooks file to create accurate reports and increase profitability.

In this One-Day workshop we will cover:

  1. Introduction to Job Costing
  2. Set Up your Quickbooks file for Job Costing
  3. Tracking Labor and Material Costs
  4. Timesheets
  5. Invoicing
  6. Reporting
  7. Job Costing vs Class Tracking
  8. Top 10 Biggest Job Costing Mistakes.

You should have a strong knowledge of Quickbooks Premier Desktop

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CADDICK & CO ACADEMY

#204 – 339 Bernard Ave

Kelowna, BC V1Y 6N6

Canada

View Map

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