Internal Project Tracking

Hi there, Cwipf.

I'm here to help you track costs for internal construction projects.

In QuickBooks Desktop (QBDT), you can utilize the Job Costing feature that'll help you track expenses for a job and compare those expenses to your revenue.

To have an accurate record of your job costs, follow these steps:

1. Set up a Customer:Job for each of your jobs
2. Assign all your expenses to jobs
3. Enter your estimates in QuickBooks Desktop
4. Create appropriate invoices

For in-depth instructions, refer to the article: Track job costs in QuickBooks Desktop. 

After that, you can run job costing reports to check how your business is doing on a job-by-job basis. It also helps you to easily determine which job is profitable and which is not. 

Post again here if you need more help in tracking costs for internal construction projects in QuickBooks. I'll gladly help you resolve them. Stay safe and have a great week ahead!

How do I do this if I do not have a customer? I'm not selling anything - just building for internal use

These projects, as noted, are internal projects and will have no revenue and no customer.

Hi there, Cwipf.

I can see the importance of tracking costs for internal construction projects without a customer and revenue. However, the option to do so is not yet available in QuickBooks Desktop (QBDT).

We recognize that each company has unique needs, and I know how the feature you're looking for would benefit and empower your business. I'd recommend submitting your feedback to help improve the program by going to the Send Feedback Online feature in QuickBooks Desktop.

You can also visit this page or the What's New section on your QuickBooks Desktop to get updates on our latest news about product improvements.

Let me know if you have other concerns about QuickBooks. I'll get back to you right away. Have a great day.

I'm working through something similar for a non-profit.  I'm considering set up a class called Projects, and then setting up my projects as sub-classes.  This isn't ideal, as these are one-time projects - but it would allow me to set up a budget by class so that I could track budget vs. actual.

I'm working through something similar for a non-profit.  I'm considering set up a class called Projects, and then setting up my projects as sub-classes.  This isn't ideal, as these are one-time projects - but it would allow me to set up a budget by class so that I could track budget vs. actual.