This course will show you every possible thing that QuickBooks can do for a contractor company. You will learn how to: create estimates from contracts, create invoices from estimates and do "progress invoicing", create and manage "change orders", receive deposits from customers / clients, find everything put in to the file, determine profit or loss by job, bill customers for reimbursable expenses, track workers time and mileage by job and calculate salary expenses per job. These features in QuickBooks can be used for any other type of company that needs to: Track time and mileage by job, allocate cost by job and use the percentage of completion method of progress invoicing.,
This lecture will give you an overview of what you will learn in this course
We will explore the contractor file that is set up for you. We will finish the set up for things that are specific for contractors
We will learn how to customize QuickBooks transaction documents to fit the needs of a contractor.
We will learn how to create estimates and how this effects the financial reports
We will see "progress invoicing" in action and see how to match the estimates with the invoices
We will see how invoices from estimates effects the reports that show the percent completion of a job
We will learn how to record receiving payments from clients
We will learn how to record "advanced" payments from clients such as "deposits" or "down payments"
We will learn how to record and manage change orders
This video will show you how to find anything you put in to the file
You will learn how to find the profit and loss for each job. You will leanr how to track expenses by job
You will learn how to bill clients for reimbursable expenses
You will learn how to charge a client more than what you paid for reimbursable expanses.
You will learn how to bill clients for items that are from the items list
You will learn how to record and manage workers time by using time slips
You will learn how to record and manage workers time by using time sheets
You will learn how to record and manage workers vehicle mileage driven for a particular job
You will learn how to allocate your workers salary checks so you will know how much it cost you for each worker on each job
I have 2 decades of experience teaching Computerized Accounting. I have taught QuickBooks at A.S.A college in Manhattan New York. I have made my lessons available to job training schools for adult education and have helped place hundreds of students in good paying jobs using QuickBooks and other software that they learned in my class. I am a permanently licensed teacher by the New York State Education Department. I am also a Certified QuickBooks Pro adviser. I have made these videos by determining what my clients needed and how effective they were in real life situations. I enjoy helping students turn frustration in to a feeling of comfort and satisfaction with QuickBooks