Learn Job Cost Reporting in QuickBooks Enterprise

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Call brief
Kat from Fourlane discussed job costing features in QuickBooks Enterprise, including setting up preferences, customizing reports, and memorizing them for quick access. The webinar covered tracking costs for specific projects, managing estimates versus actuals, and generating reports to analyze job profitability and identify any cost overruns or vendor billing issues.

Key points
1. Discussed setting up job costing preferences in QuickBooks, including options for time/expenses, billable items, and payroll integration
2. Reviewed key job costing reports like Profitability Summary, Job Profitability Detail, Estimates vs Actual Summary, and Committed Costs by Job
3. Emphasized importance of using the same items on estimates, bills, and invoices for accurate job costing
4. Mentioned ability to customize reports by class (e.g. project manager) and memorize frequently used reports
5. Noted reports can show Actual Costs, Committed Costs (open POs), and Estimated Unpaid Wages
6. Recommended using relative date ranges (e.g. "last month") instead of fixed date ranges
7. Discussed how job costing can be used for construction, engineering, nonprofits, and other project-based work

00:00 Tutorial Markers
01:32 QuickBooks Preferences
01:45 Job and Estimates
04:24 Time and Expenses
07:25 Payroll and Employees
08:20 Customer List Set up
11:40 Job Profitability Summary
13:05 Job Profitability Detail
15:30 Item Actual Cost Detail
16:28 Job Estimates versus Actuals Summary
18:45 Estimates versus Actuals Detail
20:00 Profit and Loss by Job
21:05 Committed Costs by Job
23:50 Reports by Class
24:10 Memorized Reports

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