QuickBooks For Contractors - Progress Invoicing

[@worldwidequickbooks]

Hello to all my friends using QuickBooks desktop for their contractor business or construction company. This contractor’s desktop training tutorial will show you how to activate and use the progress invoice feature. This will activate additional reports to help you compare how much of each contract’s estimate has been billed to the client since the start of the job. The best report for this is the “ Job Progress Invoice Vs Estimates” report. I hope you will “like” and subscribe! -Mark

[@tollyglickman951]

How to email only change order section on estimate for approval, not invoicing. Quickbooks desktop

[@worldwidequickbooks]

Thank you but you would have to send a separate document door convert from outside quick books. You could take a screenshot of the change order section and use that. If you click in the top right corner of this video you'll get the link to the full contractor's playlist and if you watch It in proper order. Everything will be clear. Mark.

[@IAbundis]

How do you handle retainage being held?

[@worldwidequickbooks]

Well thank you for asking If you click in the top right corner of this video you'll get the link to the full playlist There are 2 videos that relate to retainage and retention that gets withheld from each invoice and paid at the very end of the job. Please confirm that you found them or send me a message and I'll send you the direct link. Mark

[@rbrown1267]

I charge client a 10-20% markup on the costs i incur from subcontractors. When the subcontractor submits a bill to me, I invoice the client by applying the subcontractor's invoice against the amount I have in the Quickbooks budget. After the invoice is submitted to the client and paid, sometimes the subcontractor may send a revised invoice where the client was overcharged for the work performed. When I prepare a new invoice and enter a credit amount {for the amount of the overcharge} Quickbooks will take the credit amount and added it {as opposed to deduct it} from the prior amount. How do you correct overcharges made in a prior invoice when they surface several invoices after the error was made.

[@worldwidequickbooks]

Thank you for your question I will try to help but I do not understand several things in your paragraph The link to the entire playlist is in the description field of this video and the link to the entire playlist is also in the cards that pop up in the top right of the video Instead of trying to unravel what you said and figure out what your issue is, it would be easier if you watch the entire playlist to fill in the gaps of your knowledge, and then ask your question again more clearly if the playlist did not automatically answer your question I also see that your question is about managing credit memos because it does not make sense that a credit memo would increase an invoice You can go to my main Channel page and search in the search bar of the channel page for the videos on credit memos and that might help you as well If the videos I recommend do not help you, then at least I can ask you to ask your question again and I might have a better chance of understanding it Mark

[@patrickthorne4088]

Do you offer tutorials for online versions?

[@worldwidequickbooks]

Yes, thank you Patrick Would you like a tutorial about QuickBooks online general type of company or would you like the "quickbooks online for contractors" tutorial? -Mark

[@patrickthorne4088]

@@worldwidequickbooks Thanks for the reply. I need help with AIA formatted invoicing...or...importing excel into QBO. Custom invoice template, converting estimates into AIA formatted templates. It's overwhelming.

[@ritambabazi6204]

usually when invoicing it shows that it is an in income which may not be the case how do i handle this

[@worldwidequickbooks]

That's pretty bizzare. why would you invoice someone if you did not earn income? makes no sense to me -Mark

[@accountspayable5625]

How do I print the invoice to show all of the different percents for the job? For example, I want the invoice to show prior %, current %, EST AMT, and prior AMT.

[@worldwidequickbooks]

Use the report shown here to see the job percent complete. Unfortunatly, if you need any more detail you would have to print invoice by invoice. QuickBooks only give those reports to show the job % complete.

[@accountspayable5625]

Thank you for the help.

[@worldwidequickbooks]

@@accountspayable5625 My pleasure, I hope you will "like" and "subscribe"

[@jmsfiles4714]

How do I include the total cost of the original estimate on the progress invoice that I send to the customer?

[@worldwidequickbooks]

If quickbooks does not give you the option to ad this, then you can list it in the customer message in the bottom right of the estimate or you can put it in the memo field.