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04/19/2013 at 09:23AM PDT
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GC2IT
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09/19/10 8:48pm PDT
Viewed by asker 09/20/10 7:06am PDT

Direct and Indirect Labor tracking

US QuickBooks Premier : 2008: Professional Services

Need help tracking direct and indirect labor costs for owners

I have done the following: edited employee information from owner to office and established two earnings items (direct labor and indirect labor) I mapped the direct labor to Direct Labor (type -COGS) in the chart of accounts and indirect Labor to Indirect Labor (type - Expense).  When I enter data into the timesheet I enter the specific payroll item related to a job (eg,  Customer ABC, JOB XYZ, Payroll Item DIrect Labor or Indirect Labor) then enter the hours we worked for the given period.  However, when I run the Job P&L there is no Direct Labor COGS or Indirect Labor expense showing up on the report.  It does show on Time Summary report.   Help???

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09/20/10 4:54am PDT

Time entered on the Timesheets is NOT a COST unless/until it is paid for via a Paycheck, etc. Then this COST will show on the Job Cost Reports.

Will

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Do you know of any way that I run an expense against a job to track an owner's time...this is for government contract, we have an LLC and do not have a payroll for owners that would track. I have to show a direct labor cost even though we dont get paid, this is to show a Job P&L. 

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