Progress Invoicing is a standard feature of QuickBooks® Pro, Premier, and Enterprise editions; each of these versions also offer several options for invoicing as well. In order to implement the Progress Invoicing function you must also utilize the QuickBooks Estimate function – this will eliminate repetitive data entry and help you achieve good job costing reports, such as Estimate vs. Actual [Read the full article...]
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Beginning August 1, 2010 contractors in California will be required to electronically file certified payroll reports under the DIR Compliance Monitoring Unit (CMU). Certified Payroll Solution, a QuickBooks integrated application, will help meet these [Read the full article...] Retention or retainage is usually a specific percentage, for example 10%, of the total contract that is held back by the project owner in reserve to protect the owners interest. QuickBooks users must initiate work-arounds and make QuickBooks track retainage that is held on each progress [Read the full article...] A reader asked the following question: We are a small contractor in San Diego and we are wondering how we get around having to always do an inventory adjustment to get our purchases to the correct COGS account? We have (2) departments but they are both doing construction projects: Service dept does smaller installs and Contracts [Read the full article...] |
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