job costing Archives - AccuraBooks

Create Your Own Speculative Job Costing Report

This article addresses the concept of creating something other than a typical pre-made job costing report for your speculative (not custom) home building projects in QuickBooks Online. QuickBooks, both the Desktop and Online versions, have a number of pre-made job costing reports available for your reporting needs, if the information is indeed posted correctly and

Create Your Own Customized Job Costing Report

This article addresses the concept of creating something other than a typical pre-made job costing report for your custom (not spec) home building projects in QuickBooks Online. QuickBooks, both the Desktop and Online versions, have a number of pre-made job costing reports available for your reporting needs, if the information is indeed posted correctly and

Job-Costing Without Using a Complicated Items List

My client, Amelia, is a sole general contractor and has hired AccuraBooks to maintain the bookkeeping for her sole long-term construction contract. Each month Amelia receives funds from her client to pay for her administrative/management fees and also pre-payments (deferred income) for upcoming job labor and materials expenses. For her bookkeeping, Amelia does NOT

Monthly Job-Costing Tasks

Job-Costing is way of allocating certain income and expenses to particular customer jobs that your company has performed work for. So, instead of allocating income and expenses ONLY to your business-wide profit & loss statement, your income/expense data can ALSO be allocated to specific customer jobs. You do this extra step in your bookkeeping to

Job-Costing Catch Up

My client, Olivia, hired AccuraBooks a few months ago to do the following: Catch up the bookkeeping Create a job-costing platform & process Provide bookkeeping maintenance going forward Upon review of Olivia’s bookkeeping in her QuickBooks company file (home design & remodel service), it was discovered there were current customer jobs still open that actually

Basic Job Costing Info in QuickBooks

Briefly, job costing is simply applying your revenues and expenses to the customers and jobs (or projects) for which they were used. In QuickBooks, for each bill, check, and credit card transaction related to a particular job, be sure to complete the Customer:Job column. Remember to complete this column for both labor and materials. Once