Wouldn't it be great if every project progressed exactly as you laid it out in the initial project estimate? Since this is rarely the case, the Contractor Edition gives you a few features to help you easily handle different situations. Next, you'll find out how to handle the different invoicing methods contractors often face, such as time and materials and progress invoicing, and you'll get an opportunity to enter a few sample invoices using the different methods. In this lesson, you'll learn how to create these estimates and transfer the information to an invoice. One of the more powerful features that the Contractor Edition offers you is the ability to create project estimates. You'll also find out how to use the Customer: Job List to create and edit Customers and Jobs. Get ready to learn the first steps that will lead you into the estimating and invoicing phases of your business. QuickBooks provides some great tools to assist you in tracking both revenues and expenses for each job you complete, and you'll go over them in this lesson. The lesson will also cover some tricks for cleaning up and organizing an existing Item List to better suit your needs. Even though different types of contractors will set up their lists differently, there are some general guidelines you can follow to ensure that your list works effectively and efficiently. This lesson will focus on the Items List, which is an extremely useful tool for contractors. Because not all contractors are the same, the lesson will also go over some of the major setup differences between a typical contractor, like a plumber or electrician, and a company that purchases and develops real estate as its main purpose. You'll find out how working backward from certain reports can be the overriding factor in defining your file setup. Then, you'll see how you can modify company templates (estimates and invoices, for example) to track all kinds of valuable information. In this lesson, you'll learn the QuickBooks basics, like how to create and edit accounts in your company file. You'll go on a brief tour of the QuickBooks 2015 Contractor Edition and learn how to create and manage company files and utilize the program's multiuser and mobility features. In this first lesson, you'll learn how to set and edit your general, accounting, tax, and time-tracking preferences to fit your particular company. Finally, you'll learn how specific transactions impact all your accounts, and even some techniques to protect your business from fraud, prepare for tax time, and generate useful and dynamic reports.Ĭontracting businesses have many unique accounting and reporting needs. All along the way, you'll learn how to avoid many of the big and often costly mistakes contractors commonly make with QuickBooks. You'll find out how to deal with tricky situations, like change orders and retainage requirements, and you'll learn how to properly set up accounts, items, customers, and jobs. You'll discover how to create custom, professional-looking contract estimates and track time and materials, and you'll learn the different methods you can use to bill your clients, including how to use the QuickBooks progress invoicing and job-costing features. Lessons are clearly illustrated and include easy-to-follow, step-by-step instructions to give you hands-on practice with the features that you're sure to use every day. In this course, you'll learn how to use the Premier Contractor Edition of QuickBooks 2015 to run your business more efficiently. Contractors have many unique bookkeeping needs, so this course is designed specifically for the construction industry.
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