Course Information
Course Overview
Learn job costing in QuickBooks Online from a practicing CPA
This QuickBooks Online 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 discuss the process of setting up QuickBooks for a job costing system.
The course will describe the terminology used by software and by the industry, such as jobs, sub customers, and projects.
Learners will understand how to set up projects and how they function to track costs and revenue per job.
We will cover how to enter bills and allocate costs to jobs using forms such as bill forms and expense forms.
The course will discuss the concept of a double-sided or two-sided items, how to create them, and why they are necessary for job costing.
Learners will know how to apply materials to jobs.
We will discuss how to apply direct labor to a job.
The course will show how to apply overhead to jobs.
Learners will be able to create invoices for the job using either the estimate or the actual billed costs.
Course Content
- 9 section(s)
- 21 lecture(s)
- Section 1 Introduction
- Section 2 Set Up Jobs / Projects, Billable Expenses & Items
- Section 3 Enter Beginning Balances for Jobs & Accounts
- Section 4 Applying Raw Materials to Jobs
- Section 5 Applying Direct Labor to Jobs
- Section 6 Applying Overhead to Jobs
- Section 7 Completing Job and Creating Invoice
- Section 8 Making Job Estimates
- Section 9 Theory Practice Problems in Excel
What You’ll Learn
- How to set up a job costing system using QuickBooks Online
- How to enter job or project estimates
- How to create jobs or projects
- How to bill for jobs or projects
- How to set up two sided or double sided items
- How to apply materials to jobs or projects
- How to apply direct labor to jobs or projects
- How to apply overhead to jobs or projects
- How to create an invoice from actual costs
- How to create an invoice from an estimate
Skills covered in this course
Reviews
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JJonathan D McCarty
The instructor is very good and clear in his presentation. The company I am working for has asked me to develop a job costing program. This was very helpful as we use QuickBooks for our invoicing.
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JJodi Parot
it is not beginner friendly
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MMara Sales
I am satisfied with the presentation. The teacher is knowledgeable and explains in detail according to the scope of the course. It's very helpful doing each exercise with him on QuickBooks Online file. It's been a good experience.
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FFerie Ann Dumaguit
well explained