Projects, Progress Invoicing, & Job Costing
Course
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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 LevelIntermediate to Advanced
Course Length2 hours
Course Credits2 CPE, Certificate of Completion
Field of StudyAccounting/Bookkeeping Delivery MethodQAS/Self Study Who should take this class?
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Other learners purchased these courses after completing this class:
Why pay full price? Sign up for a Royalwise OWLS Membership
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Silver membership pays for itself in just two courses per month!
Refunds & Cancellations
Please view our Terms of Service, for information on refunds, cancellations, and complaint resolution. To request a refund, please contact us.
Royalwise 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 Updated: December 2021
Here is the course outline:
1. Download the HandoutDownload the handout that goes with the course. 1 section
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2. IntroductionIn 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. 1 section
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3. Setting QBO up for ProjectsWatch these videos on Settings, Products & Services, Materials, and Hourly Cost Rates. 3 sections
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4. The Project Center Interface and NavigationWatch this video to learn about the Project Center Interface and navigation. 1 section
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5. Project BookkeepingHere are the daily workflows for managing your customer invoicing. 7 sections
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6. Time & Labor Costing, and Job CostingWatch these videos to learn all about Time and Labor Costing, and Job Costing. 2 sections
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7. Tracking ToolsWatch this video to learn about Tracking Tools within the Project Center. 1 section
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8. Project ReportingRunning reports to track your projects and job costing. 2 sections
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9. ConclusionSome helpful tips to conclude the Project Center. 1 section
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10. QuizTake 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! 4 sections
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Completion
The following certificates are awarded when the course is completed:
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Royalwise Credit Certificate |