Construction Accounting Using QuickBooks (Completed)

There are over 350,000 contractors on QuickBooks, yet most contractors do not understand how to run their business using this tool. This course will explain how contractors can better manage their jobs for maximum profits by utilizing features within QuickBooks -- including how to measure true costs and improve overall project management through estimating, purchase order control, managing change orders, and accurate reporting and analysis.

Who Should Attend
Practitioners at all levels who would like to help their construction clients better utilize QuickBooks as a management tool, not just an invoicing and check-writing program.

Topics Covered

• Best practices for items and classes
• Managing vendors, including tracking certificates, purchase orders, and bill paying
• Using payroll for accurate job costing
• Job analysis through contractor reports
• Let's WIP your company into shape!

Learning Objectives

• Utilize job costing to get a handle on your direct costs
• Create and manage a workable item list for purchasing and job costing
• Implement purchase order and subcontract control to better control job costs
• Track labor to accurately manage job costs
• Better analyze and report job costs
• Explore the unique needs of the contractor using QuickBooks

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Accounting (1 hour), Specialized Knowledge and Applications (1 hour)

Program Prerequisites
None

Advance Preparation
None