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04/19/2013 at 09:23AM PDT
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BrianMaj
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02/22/10 2:41pm PST
Viewed by asker 02/24/10 3:26pm PST

Item actual cost report

US QuickBooks Pro for Windows

 

When I enter a service item in an estimate and fill in the cost column, it does not show up in a job cost report. The amount is just zero. I want to track my job cost on a service item. Is this possible? I can't seem to find the answer in the help file.

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The solution

Estimates are "non-posting"-so there is no "cost" nor "income" created by  an Estimate. The estimated cost/revenue WILL show up in the Estimate vs. Actual reports. The actual cost comes from purchases from a vendor or a paycheck, etc.

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When I export the job cost reports to Excel, all the formulas are there so all I have to do is fill in the blanks for labor cost and the report recalculates. It's easier for me this way since my crews can vary, and there are days that they are all over the place and it would be too hard to track which hours are spent where. A lot of their hours may be just other tasks that would be part of my cost of doing business without being billable. So I just take their hours from their job sheets and figure my costs per job that way.

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