Quickbooks For Contractors

Thank you for taking the QuickBooks Contractor course Preview 04:07

This QuickBooks training course will show you every possible thing that QuickBooks can do for a contractor company. You will learn in QuickBooks how to:

Set up a QuickBooks Contractor file

Input The Specific Chart of Accounts That A Contractor Would Need In QuickBooks

Manage And Customize The Icon Bar

Set Up And Manage The QuickBooks Items List For Contractor Use

Set The QuickBooks Preferences For The Options And Settings That Contractors Need

Create Estimates From Contracts, Create Invoices From Estimates

Use "Progress Invoicing", To Track The Progress Of Jobs

Create And Manage Change Orders

Record Receiving Deposits From Customers / Clients

Find Everything Put In To The File

Determine Profit Or Loss By Job

Bill Customers For Reimbursable Expenses

Track Workers Time And Mileage By Job

Calculate Salary Expenses Per Job

Record Retention Withholdings and Bill For Retention Payments

Cost Per Item Unit For Materials Used

These features in QuickBooks can be used for any other type of company that needs to: Track time and mileage by job, allocate cost by job and use the percentage of completion method of progress invoicing.

This unique QuickBooks learning tutorial even includes videos for Contractor's 'retention" and shows how to account for and bill for retention at the end of a contract.

There are 'follow along files” for each lecture so you can follow step by step. This makes learning QuickBooks Easy and fun.

The course is made with QuickBooks desktop for windows. However, the ideas apply to QuickBooks online as well as QuickBooks for Macintosh and Enterprise Solutions.

I'm right here for you if you have any questions or need support. I hope you learn well and enjoy the course!

-Mark

create contractor file Preview 07:15

contractor preferences Preview 07:43

You will see what defaults, settings and options you must have in the preferences window when setting up QuickBooks for Contractor use

contractors icon bar Preview 13:03

You will put shortcuts in the Icon Bar for the windows that contractors usually use. Some of the shortcuts are Customized Reports that contractors need

contractors chart of accounts Preview 12:03

There are specific Accounts in the chart of accoutns that contractors need. You will learn what the chart of accounts is and how contractors use it

contractor items Preview 05:51

You will see what items a contractor needs and how to use the items list for a contractor business

Exploring a Contractor's QuickBooks File Preview 07:12

We will explore the contractor file that is set up for you. We will finish the set up for things that are specific for contractors

Setting up jobs Preview 06:32

We will learn what "jobs" are and how to set them up and manage them

Customizing the transaction and event documents Preview 04:18

We will learn how to customize QuickBooks transaction documents to fit the needs of a contractor.

Create estimates Preview 08:08

We will learn how to create estimates for clients and how this effects the financial reports

Making Invoices from estimates Preview 06:51

We will see "progress invoicing" in action and see how to match the estimates with the invoices 

Progress invoicing Preview 09:40

We will see how invoices from estimates effects the reports that show the percent completion of a job

Receiving Payments from clients Preview 09:58

We will learn how to record receiving payments from clients

Advanced payments from clients Preview 11:17

We will learn how to record "advanced" payments from clients such as "deposits" or "down payments"

Change orders Preview 10:50

We will learn how to record and manage change orders

Finding things in the contractor's file Preview 13:44

This video will show you how to find anything you put in to the file