I am using Quickbooks Pro 2019. Is there any way we can put in the hours of a job, and the cost of the job. And as we are working towards the job it backs the hours and money out of the cost based on the reports from T-sheets. I added estimates for each job we are working on. And the time is going through T-sheets, but we can't get real-time cost until we actually send out an invoice. Does anyone know a workaround or a report I can pull up?
I can share some insights about the Job Costing process in QuickBooks, @snunez89,
While estimates are non-posting transactions, we're unable to assign time nor see its cost on the reports. You can, however, pull up separately a Time by Job Detail report to show unbilled time and Job Estimates vs. Actual Detail for company estimated costs and revenues.
Once you have them open, export the data and manually combine them in Excel. To access the reports, simply go to the Reports menu and select Jobs, Time & Mileage. Click the reporting type you need from the list.
Here are some resources to help you with QuickBooks reports:
At this time, there isn't an option to customize the Profit and Loss report to show all incomes, including classes and the job. As a workaround, you can consider running and customizing the Transaction Detail by Account report.
Go to the Reports menu, then select Accountant & Taxes and choose Transaction Detail by Account.
Click the Customize button.
In the Display window, select the date range of the report you want to show.
Select Customer in the Total by drop-down.
Go to the Filters tab, then search for Account and select Income and other income accounts from the drop-down.
Then, search for Transactions Type and select Invoice.