QuickBooks for Contractors
4.5 (30 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
1,325 students enrolled
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QuickBooks for Contractors

learn estimates, change orders, progress invoicing, job costing, billable expenses, time slips, time sheets and mileage
4.5 (30 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
1,325 students enrolled
Last updated 9/2016
English
Current price: $10 Original price: $20 Discount: 50% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 4.5 hours on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Perform every related QuickBooks task that a contractor company would need
  • Manage estimates, change orders and progress invoicing
  • Input job coting information in to checks and bills from vendors
  • Mark checks and bills as billable reimbursable expenses and bill clients accordingly
  • input and manage time sheets, time slips and mileage documnets
  • calculate salary per job (or by job)
View Curriculum
Requirements
  • Basic computer knowledge
Description

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., 

Who is the target audience?
  • Anyone who needs to know any contractor related feature in QuickBooks
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Curriculum For This Course
29 Lectures
04:28:39
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Estimates change orders and progress invoicing - income section
11 Lectures 01:30:30

This lecture will give you an overview of what you will learn in this course

Preview 02:00

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

Preview 07:12

We will learn what "jobs" are and how to set them up and manage them

Preview 06:32

We will learn how to customize QuickBooks transaction documents to fit the needs of a contractor.

Customizing the transaction and event documents
04:18

We will learn how to create estimates and how this effects the financial reports

Create estimates
08:08

We will see "progress invoicing" in action and see how to match the estimates with the invoices 

Making Invoices from estimates
06:51

We will see how invoices from estimates effects the reports that show the percent completion of a job

Progress invoicing
09:40

We will learn how to record receiving payments from clients

Receiving Payments from clients
09:58

We will learn how to record "advanced" payments from clients such as "deposits" or "down payments"

Advanced payments from clients
11:17

We will learn how to record and manage change orders

Change orders
10:50

This video will show you how to find anything you put in to the file

Finding things in the contractor's file
13:44
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Expenses section for contractors
9 Lectures 01:40:28

You will learn how to find the profit and loss for each job. You will leanr how to track expenses by job

JOB COSTING
14:36

You will learn how to bill clients for reimbursable expenses

Billable expenses
07:40

Changing Billable defaults
12:51

You will learn how to charge a client more than what you paid for reimbursable expanses.

Markups for reimbursable expenses
12:31

You will learn how to bill clients for items that are from the items list

Billing Clients for ITEMS
08:41

You will learn how to record and manage workers time by using time slips

Time slips
14:51

You will learn how to record and manage workers time by using time sheets

Time Sheets
09:45

You will learn how to record and manage workers vehicle mileage driven for a particular job

Milage
14:55

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

calculating salary per job
04:38
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Suplamental Basic QuickBooks Videos
9 Lectures 01:17:41
Create File
05:22

Preferences window and the icon bar
05:49

Chart of Accounts
10:48

vendors
07:14

Items
07:14

Modify Reports
10:08

Transaction History
04:33

Applying Payments
11:23

JOB COSTING
15:10
About the Instructor
Professor Mark Smolen
4.6 Average rating
235 Reviews
6,494 Students
19 Courses
Professor of Computerized Accounting

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