Quickbooks Help....

JumboJack

...How do I enter my pay into Quick Books?...Do I just enter it as a bill for the individual job just like a bill for materials?I would think that would be the thing to do but am unsure.And I asume that the profit is accounted for in some way?I am tempted to hire someone to show me how to realy use Quick Books.It is a pretty cool app. but there are alot of things I am unsure of....

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in texas with framing and cornish people will do it for 3.00 a foot. What do yall think about that? Just laber

send_it_all

I can find out about that for you. My wife is VERY familiar with QB. She's been a bookkeeper for about 15 years.

Susan Betz

Have your accountant set up the chart of accounts. Then it's just plug and chug.

If you don't have an accountant, get one. He or she will save your butt and save you money. They pay for themselves.

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Fences of Distinction, Ocala, FL
http://www.fencesofdistinction.com

JumboJack

Maybe I can hire her...Is she hot?

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in texas with framing and cornish people will do it for 3.00 a foot. What do yall think about that? Just laber

send_it_all

Yeah...Huge Rack, Too!!!

JumboJack

So would it be better to just get an accountant and have them show me the basics?

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in texas with framing and cornish people will do it for 3.00 a foot. What do yall think about that? Just laber

Susan Betz

It's more fun to have them set up the chart of accounts and then fix your crazy entries on April 14.

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Fences of Distinction, Ocala, FL
http://www.fencesofdistinction.com

L. B. Condulet

I enter my pay as a draw. Sometimes I pay for things out of my pocket so I create a journal entry where I credit draws and debit materials or whatever I bought.

JumboJack

Do you make it a "job cost" for each different job?

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in texas with framing and cornish people will do it for 3.00 a foot. What do yall think about that? Just laber

Bummie

That's how I did it....let your accountant set it up for you.... then they can figure out what you have done...LOL!!

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L. B. Condulet

Not usually, when I pay my material bills from the wholesale house, I charge them to a job for job costing purposes. Usually when I buy something out of my pocket money it's nothing that I charge to a job, like a shovel or something.

Sarah9910

Set up your items like cost codes, then post your costs to items when you "enter bills". You can enter invoices against the items too and get profitability by item. You need to check the box that says you are using items as a contractor.

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Sarah Keiser, Business Consultant for Contractors
Success In-Formation LLC
Leading the Way in Software Education
www.successif.biz