How to Create Multi-Year Budgets in QuickBooks
Published 06/07/2012 | 
However, you’ll need to create service items and use them on your purchase transactions (bills, checks, credit card charges). You’ll also need to add service items to your paychecks, in addition to payroll items.
If you need to setup payroll, here’s a blog post that will help – How to Setup Payroll for Job Costing in QuickBooks for Contractors.
This article is provided for informational purposes and is not intended to be construed as legal, accounting, or other professional advice. For further information, please consult appropriate professional advice from your attorney and certified public accountant.
Written by +Ruth Perryman, CMA, CFE, CFM, MBA
Ruth is the president of The QB Specialists, an Intuit Premier Reseller that offers huge savings and expert advice on QuickBooks POS and QuickBooks Enterprise. She is an Advanced Certified QuickBooks ProAdvisor and a member of Intuit’s Trainer/Writer Network. She is also certified in QuickBooks POS and QuickBooks Enterprise and has provided expert QuickBooks help to thousands of businesses all over the world since 1996.
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Thank you, I will look a little deeper and research the whole “items” issue. I’m also needing help in figuring out how I can get my “guys” to set up a Job by address (rather than by customer) once it is approved as Work in Progress without having to make an invoice. We do alot of short term jobs for each of our customers and we don’t bill/invoice each job until it is completed. We track all of our expenses during the progress by address, and I need to be able to post expenses against each Job Address as the work is being done. I’ve tried using Estimates, but that isn’t working well at all.
Hi Sharon,
You need a customer before you can add a job. But you can use a job’s address as the job name if that’s easier for you to track.
Ruth
Hi Sharon,
The Job Estimates vs. Actuals reports are in Reports > Jobs, Time & Mileage. However, you have to use items on all your transactions – including bills, checks, and credit card charges – in order to have it display properly.
Ruth
I just began using QB Enterprise/Contractors. I’m having difficulty working with posting actual Cost of Sale expenses against a Job in Progress. I can’t find a report that will combine the Estimated Revenue and the Actual Expenses per job. I need lots of HELP!