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Holli827
Level 1

Estimating and Invoicing for job costing

Trying to do actual job costing but my estimates will always be the exact same as my invoices. So when pulling the job costing report it shows I am making 100% profit. When I don't put an estimate in I get an error message saying I can't run job costing without an estimate. 

 

I am adding the subcontractor/vendor bill and adding the customer but they aren't showing up on the report. 

 

Please help. 

1 Comment 1
LynneOO
Level 3

Estimating and Invoicing for job costing

From my experience working with the Projects tool, it won't consider the estimate as project income until it is invoiced - an estimate can be rejected and therefore does not create profit until it is converted to an invoice/receivable.  As for the expenses, when you add invoices or expenses are you selecting the project in the Customer/Project dropdown field?  That has been working for me.

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