Job Cost QuickBooks Online vs QuickBooks Desktop–Contractor
4.0 (2 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,165 students enrolled

Job Cost QuickBooks Online vs QuickBooks Desktop–Contractor

Learn how to account for a job costing system in both QuickBooks Online & QuickBooks Desktop from a practicing CPA
4.0 (2 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,165 students enrolled
Last updated 3/2020
English
English [Auto]
Current price: $139.99 Original price: $199.99 Discount: 30% off
5 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 7.5 hours on-demand video
  • 2 articles
  • 1 downloadable resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
Training 5 or more people?

Get your team access to 4,000+ top Udemy courses anytime, anywhere.

Try Udemy for Business
What you'll learn
  • Apply a job cost system using both QuickBooks Desktop and QuickBooks Online
  • How to enter estimates
  • How to create and use two sided, or double sided, items for job costing
  • How to generate, analyze, and export to Excel job costing reports and financial statements
  • How a job costing system works
Requirements
  • QuickBooks Desktop would be good
  • QuickBooks Online generally has a free 30 trial (great tool for this course)
Description

This QuickBooks Job Costing course will provide the resources for learners to develop a solid understanding of job costing concepts and the tools QuickBooks provides to create an effective job costing system.

We will provide backup files for the desktop version so learners can jump forward in the practice problem or rework any component of the problem. The use of backup files is not a requirement of the course, however.

The course will start out by reviewing our objectives for a job costing system. We will get an understanding of the special needs related to job costing. Then we will discuss the tools QuickBooks software has to achieve those objectives.

We will learn how to create and use two-sided, or double-sided, items in our QuickBooks job costing system, a critical component to understand.

Learners will understand how to generate, analyze, and export to Excel job costing reports and financial statements.

Who this course is for:
  • Accountants
  • Business owners
  • Anybody who want to learn job costing in a practical way using popular software
Course content
Expand all 31 lectures 07:18:23
+ Set Up Jobs / Projects, Billable Expenses & Items
7 lectures 01:16:45
Desktop 515 Set Up Jobs, Items, & Accounts
17:34
Desktop 517 Enter Job Estimates
13:15
Online 516 Settings Billable Expenses
06:27
Online 518 Add Projects
06:28
Online 519 1 Add Cost of Goods Sold Accounts
12:56
Online 519 2 Add Items Products & Services
14:23
+ Enter Beginning Balances for Jobs & Accounts
4 lectures 01:02:54
Online 520 Enter Beginning Balances For Jobs & Accounts Part 2
17:14
Online 521 Enter Beginning Balances For Jobs & Accounts Part 2
18:09
Online 523 Enter Beginning Balances Other Accounts
12:42
Desktop 520 Enter Beginning Balances For Jobs & Accounts
14:49
+ Applying Raw Materials to Jobs
5 lectures 01:08:09
Online 525 Purchase Raw Materials On Account
08:37
Desktop 525 Purchase Raw Materials On Account
05:41
Online 530 Raw Materials Used & Applied to Job
17:42
Online 531 Raw Materials Used & Applied to Job Part 2
18:22
Desktop 530 Raw Materials Used & Applied to Job
17:47
+ Applying Direct Labor to Jobs
2 lectures 27:07
Online 540 Apply Direct Labor Cost to Jobs
15:59
Desktop 540 Apply Direct Labor Cost to Jobs
11:08
+ Applying Overhead to Jobs
3 lectures 01:07:25
Online 545 Apply Overhead to Jobs
17:50
Online 546 Apply Overhead to Jobs Part 2
27:10
Desktop 545 Apply Overhead to Jobs
22:25
+ Completing Job and Creating Invoice
2 lectures 37:10
Online 550 Record Completion of Job & Invoicing
21:30
Desktop 550 Record Completion of Job & Invoicing
15:40
+ Making Job Estimates
1 lecture 15:38
Online 565 Job Project Estimates
15:38
+ Theory Practice Problems in Excel
2 lectures 01:03:26
Online 120 Excel Problem Tracking WIP
32:51
Desktop 135 Excel Problem Tracking COGS
30:35