How can I set up and use project feature or an equivalent of it (locations or jobs) in QuickBooks Desktop?
Simply define a JOB for the customer, or if its an internal project with no customer then create a dummy customer/job name.
Then tag all the expenses with the Job in the 'name' column.
Later run JOB reports
Hi there, sbancheva.
Allow me to join this discussion and provide additional clarification.
I agree with MikeinBC. That being said, let me walk you through the steps on how to set it up in QuickBooks:
Track jobs in QuickBooks Desktop
All of this information and more is available in our guide on how to track job costs in QuickBooks Desktop.
Keep in touch if there's anything else I can do for you. I've got your back and am always happy to help. Wishing you all the best!
Can we sub divide the whole project in further categories ?
For example we have a multi story building which have following and we want to know the sub cost of each part as well :
It is nice to see you here in the Quickbooks Community, and I can definitely provide you with some assistance! A suggestion that has been made for creating this would be to use New Job, which is like a sub-customer under the Customer name. Secondly, for all entries where you use Customer, use Job level for expense entries, invoices or sales receipts, or QuickBook Time. From there, it will be separated under that customer. For example like this:
Smith and New Garage
Smith and Kitchen Remodel
Smith and Lakefront Home
Or it can be like Customer =Owner, Job Name = Pet name, Job Type = cat or dog, for a Veterinarian practice.
Please let me know if you need further clarification by commenting below. I am also attaching this link as a reference for tracking job costs in QuickBooks Desktop. Take care and keep me posted!
Did you get an answer for this?
We do this all the time.
Enter a fake vender "Stock from Inventory"
Enter just as you would and invoice you receive
At the end of the month create a credit memo for that vendor. For us everything goes against the account "Materials". We add cost to the materials by entering items, then the credit memo zero's everything out and the items you entered are now in the customers record.
Hope this is helpful
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