With QuickBooks Online Advanced you can include estimated costs when you fill out Project Estimates. That way you can measure your estimated versus actual profitability on a project.
Let’s go over the settings you’ll need to estimate and record costs for projects, record transactions related to projects, and then measure estimated income and costs versus actuals.
0:00 Intro
0:27 Turn on the settings for using project cost estimates
1:07 Creating an estimate for a project
2:25 Convert the estimate to an invoice and assign to your project
3:20 Adding project costs
4:45 Looking at the 'Estimates vs. actuals by project' report
We have over 100 step-by-step tutorials to help you learn QuickBooks inside and out. Browse our entire library by topic:
All Trainings - intuit.me/2V3g3mI
Getting Started - intuit.me/3zcYyzg
Online Settings - intuit.me/2VTZSZs
Account Services - intuit.me/3kzFnf2
Sales and Invoicing - intuit.me/3rpUo4h
Expenses - intuit.me/3itWLz7
Sales Tax - intuit.me/3ruXILF
Setting Up Payroll - intuit.me/2VU2XZw
Cash Flow: intuit.me/2UTC9YZ
Inventory - intuit.me/3xTzPzZ
Apps: intuit.me/36OvfqB
Accounting Topics - intuit.me/36OifkR
Reporting - intuit.me/3eEtoZQ
QBO Advanced - intuit.me/3rpqzkz
QuickBooks Commerce - intuit.me/3g0bxNL
QuickBooks Time: intuit.me/3scqhxE
Subscribe to our KZread channel: intuit.me/3bOj0M2
Visit QuickBooks.com: intuit.me/QBO
#QuickBooks