Get 50% OFF QuickBooks for 3 months*

Buy now
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
tbuszka
Level 1

How can I track spending on capital projects

How can I track spending on capital projects?  If I had a capital project with equipment from multiple vendors and installation costs, could I use jobs or projects in Quick Books Desktop to track the costs?

1 Comment 1
KlentB
Moderator

How can I track spending on capital projects

 

Yes, you can use it, tbuszka.

 

With QuickBooks Desktop's job costing feature, you assign Assign all your expenses to jobs. This way, you'll get a clear picture of how much money you spend and make for the capital project. 

 

To get started, you can set up a job for the project. Here's how:

 

  1. Go to the Customers menu, then choose Customer Center.
  2. Select the name of the customer for whom you want to make a job.
  3. Click the New Customer & Job button, then choose the Add Job
  4. Enter the name and description of the job, then select a job type.
  5. Set the status of the job, then enter the start date.
  6. Enter the best estimate as to when the job will finish into the Projected End Date field.
  7. When the project finally finishes, enter its actual end date into the End Date field.
  8. Click the OK button to complete the process.

To learn how to assign all your expenses to jobs and track how well each job is progressing financially, you can read this article: Track job costs in QuickBooks Desktop.

 

 For resources in managing your other expense transactions in the program, you can browse a topic from our Help Articles page.

 

You can find me here if you have any other concerns or additional questions have a great rest of the day.

Need QuickBooks guidance?
Log in to access expert advice and community support instantly.

Need to get in touch?

Contact us