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.
We’ll also touch on construction-specific billing issues including Retainage and Work-in-Progress (WIP reporting).
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
- 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
2.75 CPE, Certificate of Completion
Field of Study
Who should take this class?
Other learners purchased these courses after completing this class:
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Refunds & Cancellations
Royalwise Solutions Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
Course Credits: 2.75 CPE, Certificate of Completion. Must be awarded within one year of enrollment.
Course Updated: October 2022
Here is the course outline:
1. Download the Handout
Download the handout that goes with the course.
2. Projects, Progress Invoicing, and Job Costing in QBO
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.
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!
The following certificates are awarded when the course is completed:
|Royalwise CPE Certificate|