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QBO Video Courses

Projects, Progress Invoicing, Job Costing


Course
Alicia Katz Pollock
Purchase for $54

QuickBooks Online’s Projects Center has new tools for construction and project management bookkeeping, including Estimates, Progress Invoicing, and Job Costing.

QuickBooks Online’s Projects Center Course Description

When you work in the trades, QuickBooks® may seem daunting. However, QuickBooks Online’s new Projects Center has the tools you need for construction and other project management bookkeeping.

Royalwise has designed this class to be specific to construction and project-based jobs. QBO helps with cost accounting, including time & materials contracts, percentage of completion, and at-a-glance profitability reports. We’ll cover Estimates, Progress Invoicing, Change orders, taking Deposits, receiving partial Payments, billing for time and materials, and Job Costing.

Sign up now so you can learn to confidently use the amazing new Projects Center to quickly and easily manage all of your finances and transactions, making it easy to stay organized, run reports, and track your progress.

What You’ll Learn

  • Projects
  • Creating estimates
  • Closing estimates
  • Converting estimates to invoices
  • How to track change orders
  • Doing progress invoicing
  • Taking deposits
  • Taking partial payments
  • Issuing customer statements
  • Making bank deposits
  • Making time and materials expenses billable to customers
  • Creating Journal Entries for payroll and expense job costing (and class costing)
  • Creating $0 Paychecks for Owner's time
  • Running job costing reports

Instructional Level

Intermediate to Advanced

Course Length

2 hours

Course Credits

2 CPE, Certificate of Completion

Field of Study

Accounting/Bookkeeping

Delivery Method

QAS/Self Study

Who should take this class?

  • Businesses who work in the field
  • Businesses that write estimates or bid on jobs, take deposits for work to be performed, take partial payments as work is completed, and want to determine which services and customers make the most profit
  • Bookkeepers and Accountants who wish to brush up on their skills

    Other learners purchased these courses after completing this class:  

     

    Why pay full price? Sign up for a Royalwise OWLS Membership
    and get this course and more for one low monthly price.
    Silver membership pays for itself in just two courses per month!

    For more information regarding concerns, refunds, and program cancellation policies, visit our Terms and Conditions

     

     


     

     

    Here is the course outline:

    1. Download the Handout

    Download the handout that goes with the course.

    pageText Download the handout here

    2. Introduction

    In this class specific to construction and other service-related businesses, we’ll cover Projects, Estimates, Progress Invoicing, Change Orders, taking Deposits, receiving partial Payments, and Job Costing.

    pageText Introduction

    3. Setting QBO up for Projects

    Watch these videos on Settings, Products & Services, Materials, and Hourly Cost Rates.

    pageText QBO Settings
    pageText Defining the Products and Services List
    pageText Hourly Cost Rate

    4. The Project Center Interface and Navigation

    Watch this video to learn about the Project Center Interface and navigation.

    pageText The Project Center Interface and Navigation

    5. Project Bookkeeping

    Here are the daily workflows for managing your customer invoicing.

    pageText Creating a Project
    pageText Estimates
    pageText Progress Invoicing
    pageText Receiving Payments
    pageText Sending Statements
    pageText Change Orders
    pageText Taking Deposits on Work to Be Performed

    6. Time & Labor Costing, and Job Costing

    Watch these videos to learn all about Time and Labor Costing, and Job Costing.

    pageText Time and Labor Costing
    pageText Job Costing

    7. Tracking Tools

    Watch this video to learn about Tracking Tools within the Project Center.

    pageText Additional Tracking Tools: Classes and Budgets

    8. Project Reporting

    Running reports to track your projects and job costing.

    pageText Project Profitability Reports
    pageText Additional Customer and Service Reports

    9. Conclusion

    Some helpful tips to conclude the Project Center.

    pageText Conclusion

    10. Quiz

    Take this quiz to demonstrate your mastery of the material. Pass the quiz with an 80% or higher to complete the Course, earn your Certificate, and win points!

    quiz Projects and Job Costing Quiz

    Completion

    The following certificates are awarded when the course is completed:

    Royalwise Credit Certificate
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