cancel
Showing results for 
Search instead for 
Did you mean: 
MintyBoo
Level 2

Job profitability report showing cost versus revenue for employees

Hi,

Couple of things to know up front.  I'm running QB Premier Contractor Edition 2020 Desktop and we do not run payroll through QB.  I've tried everything recommended online but nothing has worked.  I would like to be able to run a job profitability report that shows employee actual labor costs versus actual revenue.  No scenario seems to work.  Cost always shows 0.00.  In regards to my version, has anyone figure out how to set this up when payroll is outsourced?  Thank you!

2 Comments 2
Carneil_C
QuickBooks Team

Job profitability report showing cost versus revenue for employees

Glad to see you here in the Community, @MintyBoo. I'm here to share some workarounds and information about reports in QuickBooks Desktop.

 

The Cost in Job Profitability Summary report will show the amount depending on how you enter the paychecks to show them in the report.

 

Also, I'd appreciate any additional details you can provide regarding your concern, like how do you enter your payroll? This way, I can share accurate information with you.

 

Meanwhile, If you’re using a check, ensure to enter the amount in the Customer Job line item. 

 

Please see this sample screenshot for reference:

 

If the same thing happens, I suggest reaching out to our Desktop Payroll Support Team. This way, they can further investigate why the cost is not showing on your end. Here's how:

  1. Go to Help, then select QuickBooks Desktop Help.
  2. Click Contact Us.
  3. Select Let's talk and then choose a way to connect.

There are a lot more ways to get your desired report. You can check out this article to learn more: Customize reports in QuickBooks Desktop.

 

I’m always ready to assist you if you have any other questions or concerns about reports in QBDT. Tag me in your reply and I’ll sprint back into action. Have a good one and keep safe. 

MintyBoo
Level 2

Job profitability report showing cost versus revenue for employees

Thank you for the response.  Unfortunately, we do not run payroll through QB.  Our payroll expense is a bi-weekly ACH paid to an external source and in a lump sum -- not broken out by employee.  I currently do weekly time sheets and the billing rate is set, however, I know my job profitability is a little inflated because it's not reducing the revenue by the hourly rate for employee labor.  Nothing I have tried has worked.  I feel like I'm missing a step but can't figure out what it is.  Thanks!

Sign in for expert help
Ask questions, post replies & join our community of QuickBooks users.

Need to get in touch?

Contact us