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kilowhatt
Level 1

Why don't estimates show up in job reporting as committed costs?

 
7 Comments 7
Rasa-LilaM
QuickBooks Team

Why don't estimates show up in job reporting as committed costs?

Thank you for reaching out to the Community about your concern, kilowhatt.


I’m here to make sure your job reporting concern is properly addressed. That’s why I have to gather more details about the issue.


May I know what specific report did you open? Have you tried customizing it? Any information you can share will help me get on the same page and ensure a timely solution.


I’m looking forward to your reply. Have a great rest of your day.

kilowhatt
Level 1

Why don't estimates show up in job reporting as committed costs?

I see no way to add estimates or PO'ss to job reporting which is under the projects tab.

RoseJillB
QuickBooks Team

Why don't estimates show up in job reporting as committed costs?

Thanks for getting back to us, @kilowhatt. I’ll share some information about estimates in QuickBooks Online (QBO).

 

The option to add estimates to your job cost reports is unavailable, as an estimate is a non-posting transaction. Non-posting transactions are saved, but their totals aren't included in the report. They also have no impact on the customer's or account receivable balances. What we can do instead is to run the Estimate report and Filter your Jobs.

 

In addition, you can refer to the following about customizing and memorizing reports in QuickBooks Online.

 

 

If you have further questions regarding reports, I’m just one post away from assisting you. Have a great day!

SylviaMc
Level 3

Why don't estimates show up in job reporting as committed costs?

I run the committed costs by job and non of the estimates show up op in the Est. Revenue Column. I have selected the "Either" option in the "Posing, Non Posting, Either"  optionsQuick Books COmmitted Cost not showing Estimates.jpg

 

ErwinQ
QuickBooks Team

Why don't estimates show up in job reporting as committed costs?

I'll provide you some insights about committed costs by job, @SylviaMc.

 

When you create an estimate, the amount won't show up in your estimated revenue as it's a non-posting transaction. Though the said entry may influence your financial projections, the figure will only be reflected in the estimated cost. Please know that it'll only be counted as income once the estimate is converted into an invoice.

 

Additionally, you can visit this article to learn how to manage and customize your report: Customize customer, job, and sales report in QBDT.

 

Feel free to response to this post if you have any more concerns regarding the estimates. Have a great day!

SylviaMc
Level 3

Why don't estimates show up in job reporting as committed costs?

Then why is the column in the report?

AlverMarkT
QuickBooks Team

Why don't estimates show up in job reporting as committed costs?

Thanks for coming back to this thread, @SlyviaMc.

 

I'm here to help resolve your concern about the Est. revenue column in the Committed Costs by Job report in QuickBooks Desktop (QBDT). 

 

By default, the Committed Costs by Job report mainly lets you see how much you've spent by project, how much you still need to spend to completion, and how far over or under budget you are. Moreover, reports in QBDT follows a set of instructions known as Report set that determines which transactions are included in the report and if the report includes either Source or Targets or both. For these reasons, the Est. Revenue column may display as zero amount even though estimates have been entered. You can double-click on the amount to see the total amount of estimates.

 

Alternatively, you can consider running the Job Estimates vs Actuals Detail to view the Est. Revenue of the estimates for a specific job. 

 

As a future reference, let me add this article about saving the reports you've created in QBDT: Create, access, and modify memorized reports

 

Keep us posted if you have further questions about running Committed Costs by Job report in QBDT. We'll do our best to assist. Take care. 

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