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bm2020
Level 1

Project Cost Completion

How to change % of completion

 

3 Comments 3
JoesemM
Moderator

Project Cost Completion

Hello there, @bm2020.

 

The project cost will base on the bills and checks issued to the Project. Let's check the estimate or invoiced cost since this will be the basis of Job Costing.

 

Once checked, edit the transaction with the said project. You can remove the cost so it will reduce the completion or add to increase it.  

 

Here's how;

 

  1. Go to the Customer menu at the top, then Customer Center
  2. Click the Transactions tab.
  3. Select an Estimate or Invoice.
  4. Click the transaction with the said project.
  5. Click Save and Close or Save and New.
  6. Hit Yes to the prompt message.

Once done, the percentage of your project cost completion is changed.

 

I'm adding these articles that you can help you manage your job costing in QuickBooks:

 

 

If you meant something else or you have any other concerns, please let me know by posting a comment below. I’m more than happy to assist further. Have a good one.

bm2020
Level 1

Project Cost Completion

Thank you for your response.  I still have been unable to get Quickbooks desktop to pull a cost to complete report.  We are a landscaping company so I am not sure if the data is in Quickbooks correctly to allow it to pull the report we need.  I'm still trying to find an answer.

Mark_R
QuickBooks Team

Project Cost Completion

I appreciate the additional information you've provided, @bm2020.

 

You can run and customize the Committed Costs by Job report to show the percentage (%) cost completion of a project. Here's how:

 

  1. Go to the Reports menu, then select Jobs, Time & Mileage and choose Committed Costs by Job.1.PNG
  2. On the report, click Customize Report.
  3. Select the report date period you want to show.
  4. In the Columns section, put a checkmark to % Difference checkboxes.
  5. Click OK.2.PNG

I'm adding this article to learn more about customizing job reports in QuickBooks Desktop: Customize customer, job, and sales reports.

 

Just in case you want to memorize this report, feel free to read this article for the detailed steps and information: Create, access, and modify memorized reports.

 

Keep in touch if you need any more assistance with this, or there's something else I can do for you. I've got your back. Have a good day.

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