I have a question with regard to your above answer CMM. We are a general contractor and occasionally underestimate on our jobs, and can only charge the customer what we estimated, or a close approximation. I want to show the loss on the jobbut it is not necessarily a "Bad Debt" because we didn't actually bill the cutomer the full amount, knowing we had overrun the time and materials. How would you suggest I post the loss in QB Pro, so that the job doesn't show a profit when it really didn't? I was told by an accountant who is not well versed in construction just to reduce the per hour rate and/or the markup rate to make the invoice match the income we recevied. That has never sounded right to me, but I'm not an accountant, just a bookkeeper, and trusted her opinion. Your thoughts would be appreciated!