QuickBooks isn’t just for taxes. You can use it for payroll, managing your vendors and subs — even job costing. If you’d rather be building homes than burning the midnight oil trying to figure it all out, you should have this new book.
These .pdf files provide QuickBooks training for contractors. Two versions are now available: one for QuickBooks Desktop and one for QuickBooks Online.
The QuickBooks Desktop version includes a template for a construction company to help speed your set up. Both books discuss the Chart of Accounts, adding Customers, Material Suppliers, and Subcontractors. Invoicing, paying bills, Employees and Payroll, Reports, End of Month and End of Year Procedures. A detailed Table of Contents for each can be seen in the tabs.
Job costing is explained in the QuickBooks Desktop version. Now that ‘Projects’ have been included in QuickBooks Online, the Online version explains how you can finesse QuickBooks Online to provide some job cost reporting. While QuickBooks Online isn’t as robust as QuickBooks Desktop or other industry-specific programs, you can use the features available to get some basic job cost reports.
If you’re concerned about future versions of QuickBooks, at this time we know the Desktop booklet will still be useful for QuickBooks Desktop 2020 because there were very little changes made to QuickBooks Desktop for 2020. In fact, there haven’t been many changes in QuickBooks Desktop from 2017 to now, some people only have to upgrade for Payroll reasons.
QuickBooks Online is different. It’s updated monthly, which makes it difficult to keep a booklet like this current. This version was published in October of 2019. The changes made to QuickBooks Online are reviewed when they are announced and most changes aren’t significant in regards to how a Contractor would use the software. If/when there are significant changes that will affect the book and the directions included, the book will be edited accordingly. There is a code in the Online version how to get an updated version at a significant discount.
These eBooks are .pdf files, available for download immediately after purchase. QuickBooks Desktop is 146 pages; QuickBooks Online is 94 pages.