cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Everything you need to know about banking in QuickBooks Online - Discover more
ben72
Level 1

Cost Value Reconcilliation

Hello I would like to complete reconciliation on projects of value (sales invoice revenue) against project cost (ie not overhead). What is the best way to achieve this and what is the best report to use to export value and cost by project thank you 

1 REPLY 1
ShiellaGraceA
QuickBooks Team

Cost Value Reconcilliation

Welcome to Community, @ben72.

 

I'll share some insights about reconciling the project's cost value. You can use the Project Profitability report to know how much you're making or losing on the project. Other reports you can look up are Unbilled Time and Expenses and Time cost by employee or vendor. Here's how to get there.

 

  1. Go to Projects.
  2. Choose the project you want to reconcile with.
  3. Tap the Project Reports tab.
  4. Select the report you want to review and then click the View link.

 

proj1.JPG

 

 

 

For more information about projects, check out these guides: 

 

 

When you're ready, proceed in reconciling your accounts.

 

Please click on the Reply button anytime if you have other project or reconciliation questions. I'll be around for you. Take care and be safe.

 

Need to get in touch?

Contact us