PFI Coach – TIP! Job Costing in QuickBooks
Did you know QuickBooks has sample companies? Pick one, similar to your own to see how the costs are set-up, then practice. When it comes time to actually set-up your own business, “start by creating a simple job cost framework and allow your company to ‘grow into it'” – Chris McGee.
Accurate job costing – the accounting or tracking of what your materials, labor, and equipment (for example) cost per project, is imperative to understanding your true profits and losses. Understanding your costs leads to better job estimates and a more profitable business. (Instructions How To Track Job Costs in QuickBooks)
Call Chris at (360) 303-5798 if you need help getting your business set-up. Is QuickBooks working for you?
ProFound Impact (PFI) is a division of Business Support Services (BSS) Northwest, LLC based in Bellingham, WA. Payroll, Bookkeeping and QuickBooks Help & Solutions for Whatcom, Skagit, Snohomish Counties and remotely through WA, OR, & AK.