Job Profitability
We are a firm of architects using QB Pro and would now like to use the job profitability element of QB but we are not sure how to do it - does anyone know?
We are a firm of architects using QB Pro and would now like to use the job profitability element of QB but we are not sure how to do it - does anyone know?
You need to create a job (alpha or numeric) within the customer centre. Then, all relevant transactions e.g. can be encoded with the job number. There is a report within Company & Financial called Profit and Loss by Job. Hope this helps.
Nick
meant to say 'relevant transactions e.g. purchase invoices, time sheets etc., can be encoded'
Thanks for your response. We actually do all this but when we come to look at the job profitability reports there is no 'actual cost' just the 'actual revenue' which is purely the time we have billed. We input timesheets for all architects etc but do not tick the 'billable' item at the end of each row as we only use the time recorded to produce manual invoices and therefore never reduce the time billed on the system - is this the problem?