Report for tracking bills and invoices profit

accounting437 · ‎November 12, 2021

Hi

I am looking for a way to "match" bills to invoices.

I am aware that I can use the billable check box when posting a bill/expense but I'm not sure it's what I am looking for.

We first invoice our customers and only after get the bills from our vendors. I would like to know if there is a way to enter the invoices and bills so I could later run a report and see what was a profit per invoice.

Thank you

Trish_T · ‎November 15, 2021

Hi accounting437,

Thanks for reaching out to Community for suggestions and advice for matching bills with invoices and viewing your profits using reports. With QuickBooks Desktop you can use the Job Costing tools to see how much money you spend and make for each job, based on the details you've provided. Follow this link to learn more about tracking job costs and assigning your expenses. You'll also learn how to run job costing reports to see how you're doing on a job-by-job basis. It's always best to reach out to your accountant for the best course of action. If you don[t have an accountant, we can help you locate a ProAdvisor in your area.

I hope you find this to be helpful. Enjoy the rest of your day!

accounting437 · ‎November 16, 2021

Hi,

Thank you for your reply.

The link doesn't seem to work.

Can you please resend?

Thank you

Trish_T · ‎November 16, 2021

Hi accounting437,

Thank you for touching base with me here to ensure you're able to access the information for assigning your expenses and tracking your jobs. Here's a new link for tracking job costs in QuickBooks Desktop.

Cheers!

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Report for tracking bills and invoices profit