how do i mass convert expenses to items?
6/24/09 7:45 AM
Total Views: 465
I have a lot of contract services for our construction business entered as expenses. It seems that they need to be items for job costing. Do i manually have to change each entry?
Answer
you don't need items to do job costing, you only need to proportionately link the expenses that occur to the customer/job.
Answer
Yes, you do need Items to do Estimating and Job Costing in QB or in any other Estimating/Job costing Software that I know of. Setting up Items as "double sided", linked to COGS and Income accounts enables you to use the same item in Estimates, Purchase Orders, Sales Orders, Invoices and the Numerous Job Costing Reports. Yes, you can do limited Job Costing based on Accounts but QB Job Cost Reports are setup for Items.
In terms of past entries- Set up and start using Items for your services [labor], Material, Equipment, and other job costs. Change past entries as you have time or just leave them be.
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Will
Answer
There is no batch method for this tasks.
Perhaps you just want to start from where you are and use items. Items will give you all of the Reports - Jobs, Time and Mileage options. When you use the expenses tab you do not have these options.
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