inventory

To further clarify this, I want to be able to do a job cost analysis which will require me to assign the items to the job.. If I simply adjust the inventory, there will be no accurate job cost analysis. We use tsheets for the time.

Hi there, @bf49er.

You'll want to create an invoice to reduce your inventory and to track the costs of your job. You can read through this article to learn more: Tracking Job Costs in QuickBooks Desktop.

Also, I'd suggest contacting your accountant for additional assistance in utilizing the Work In Progress account. This way, you can adjust and accumulate the costs of your inventory. You can find one through this link: Find an Accountant or Bookkeeper.

In case you need ideas and best practices to record your future transactions, you can visit our Reports and Accounting articles for reference.

If there's anything else that I can help you with, let me know in the comments. Have a good one!

My problem is that I don't invoice based on items and time. I invoice based on the bid price. I don't want the items and time to show on the invoice. I suppose I could create an assembly inventory item for each job. 

Hello, @bf49er.

You can use the location tracking or bin location feature in QuickBooks Desktop (QBDT) to track your inventory. You'll be able to track the items on the location as reserved for the job and to be invoiced. However, this feature of the Advanced Inventory is only available for QBDT Enterprise users.

To learn more about this feature, read these articles:

• Turn on Advanced Inventory
• Set up Advanced Inventory
• Multiple Inventory Sites

Keep me posted if you have any other questions. I'm a post away to help. Wishing you continued success!