Hello to all my contractor friends using QuickBooks online. This video is will explain to you everything about managing the products and services that you need to list on an estimate and the following job invoices when you bill your clients as the work on the contract is being done. QuickBooks desktop calls this list the “items list”. If you set them up the way it is shown in this QuickBooks video lesson, then they will help you track your income in to the proper income accounts. I thank you all and hope that you will click “like” and “subscribe.
@brandonwilliams90854 жыл бұрын
but this is no good if I can't report the costs vs these Services / Products
@worldwidequickbooks4 жыл бұрын
@@brandonwilliams9085 You can! After you actually PAy the costs or sel, you can open reports that show the sales by items. Look at the report that shows "sales by item detail".
@brandonwilliams90854 жыл бұрын
@@worldwidequickbooks is there no PROFIT AND LOSS BY Service?
@brandonwilliams90854 жыл бұрын
I'm not looking for only the income portion... but a report that gives the expenses as well next to it by Product / Services
@worldwidequickbooks4 жыл бұрын
@@brandonwilliams9085 "Sales by Product or service" is the name
@mdfaisal5934 жыл бұрын
Great lectures
@worldwidequickbooks4 жыл бұрын
Thank you so much! Don't forget to click "like" and subscribe
@victortorres3187 Жыл бұрын
great tutorial!
@worldwidequickbooks Жыл бұрын
Thank you! If you click in the top by corner you can get the link to the full playlist and if you watch the playlist in proper order you will absolutely. Have everything you need. Please let me know if you need me to give you the links and please stay in touch Mark
@officialsameerkhan4 жыл бұрын
Thanks Again for this Video.
@worldwidequickbooks4 жыл бұрын
My pleasure. every: Monday, Wednesday and Friday I will add to the contractor's playlist unil the end of May when it will be complete. I know thye will help you. Thank you for being a subscriber and a fan -Mark
@amberjacobs1895 Жыл бұрын
Is there a way to enter prices for cuts of glass that depend on the size and thickness of the glass?
@worldwidequickbooks Жыл бұрын
The best thing I can do is show you this playlist that you could watch and proper order and it will give you everything you need regarding the items and products and quick books online kzbin.info/aero/PLqRhgBZfJuE5WnZmTGnpIy1VMq3RqGkex Then you will be able To Do everything quickbooks. Online can do with its products and it's with supplies as well. And I hope you will click like after watching each one to help support the free channel for everyone. Mark
@ericataylor36379 ай бұрын
Is there a way to add the line to assign to a product/service without creating an invoice? For example, we are a small building company, i don't create invoices for our payees. I just write checks. So if i want to add it ABC Electrical, the only thing QBO gives me is a "category" line item, none of which pull from my items list that i used on the desktop version. So i have no way of adding " electrical rough in" to the check and no way to put it towards a specific job. being forced to make the switch from desktop to online by QB has really put me in a bind. I was on chat with QB yesterday for over 4 hours and they were still not able to help me..
@worldwidequickbooks9 ай бұрын
Thank you I have exactly what you need If you click in the top right corner of this video, you will get the link to the full contractors playlist In order to understand properly what you are doing in your question comma you have to watch the playlist in proper order even if you already know some of the topics I absolutely guarantee that the playlist of a few minutes for each video. If you watch in proper order will answer all the questions you have, i'm sure And you can ask me questions about the little videos in the comments section here and thank you Mark
@amberjacobs1895 Жыл бұрын
So I'm going through all of these and I just finished this one. How can I know what additional COAs my company needs?
@worldwidequickbooks Жыл бұрын
If you click on the right top corner of the video you will see the link to the full playlist that you need to watch in proper order for better understanding. You can also look at the names of the topics on the videos in the right panel of the playlist to jump to the topics you need. If you go to the bottom you will see that I discuss the relationship between billing from American institute of architects and the items list in quickbooks Check it out and let me know and please confirm you found the videos
@cindyfink30363 жыл бұрын
Hi, do you have a method for using estimates with products/services while implementing the Completed Contract Method? I'm wondering how to get the products/services to feed to the balance sheet instead of a revenue account(s). Then, how do you release it to the income statement and still have the level of detail from the estimate? In other words, how do I use several products/service lines to see the detail of each one throughout the process from balance sheet to income statement once the work is finished. Hope that makes sense, I'm still trying to wrap my head around it. Thank you.
@worldwidequickbooks3 жыл бұрын
Thank you Cindy. IOt seems you are looking for the full playlist in order. These will definetly give you everthing contractors need in QuickBooks online. Watch them in order. Then it will be easier to ask me more precise questions. -Mark