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QB Switch-- Job Costs |
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| In Quickbooks you set up Expense accounts to track job costs, and then enter costs via the Enter Bills and Time Tracking commands. Goldenseal job costing software is more specifically designed for tracking of project costs. It uses cost categories and cost locations to track job costs. There are specific cost transactions for each basic type of cost. Equipment Costs Use Equipment Hours records to track equipment time for job costing and time billing. You can assign the cost to a Customer, Project or Real Estate account. You can use separate rates for job costs and billing. Labor Costs Use Labor Hours records to track employee time for payroll, job costing and time billing. You can assign the cost to a Customer, Project or Real Estate account. You can use separate rates for payroll, job costs and billing. To enter a detailed breakdown of work done, click on the Breakdown field on the right side of the window and enter Category or Items. Material Costs Use Material Purchases to enter items that you buy specifically for a customer or project. You can also purchase items for inventory (cost of goods sold). When you use inventory items on a project, use an Inventory Used transaction. Subcontractor and Other Costs Use Subcontractor Cost transactions to enter subcontractor costs for projects, and Other Costs to enter any costs that don't fall into one of the other categories. Job Cost Reports To see a quick "snapshot" of costs for each project, choose Job Costs from the Costs menu. You can double-click on any project to see more details (the popup field at the bottom of the window controls the details that you see). You can also view job costs for customers, overhead or real estate accounts. To see detailed "estimated vs actual" reports for projects, choose Projects from the Reports menu, and choose Cost by Category, Costs by Subcategory or Costs by Location. Click here for general info about differences
between Quickbooks and Goldenseal accounting software.
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