Course Information
Course Overview
Learn how to account for a job costing system in both QuickBooks Online & QuickBooks Desktop from a practicing CPA
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.
Course Content
- 9 section(s)
- 31 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
- 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
Skills covered in this course
Reviews
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CCatherine D.Ellorda
well explained especially to those zero knowledge on QB