QBO: For Progress Invoicing And Job Costing With Latest Updates

Alicia Katz Pollock, MAT,ACN,MOS

Royalwise Solutions

  • CPA Canada
  • CFE
  • CITP
  • CMA
  • CPA
  • Tax Preparer

2 Credits

$35

Subject Area

Accounting

Webinar Qualifies For

2 CPE credit for Certified Management Accountants (CMA)

2 CPE credit for Certified Fraud Examiners (CFEs)

2 CPE credit of Accounting for all CPAs

2 CPD credit (Verifiable) for Certified Information Technology Professionals (CITP)

2 CPD credit (Verifiable) for Canadian CPAs

2 CE credit of Computer Technology for Maryland Tax Preparers

2 General Educational credit for Tax Professionals / Bookkeepers / Accountants

You need to register for the webinar to watch the video.

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Before starting this self study program, please go through the instructional document.

Overview

  • Alternatives
    2 mins
  • Define Products and Services
    23 mins
  • The Projects Center
    27 mins
  • Estimates
    41 mins
  • Estimates on an iPad app
    50 mins
  • Customer Deposits as a Liability
    67 mins
  • Job Costing Using $0 Checks
    92 mins

Course Description

In years past, conventional wisdom said that QuickBooks® Desktop (QBDT) was better suited to construction, while QuickBooks® Online (QBO®) was best used for service-based businesses. While that used to be true, the latest enhancements to QBO have eliminated that distinction. The new Project Center and Labor Costing tools now mean that project-based businesses now have powerful job costing tools, a slick new interface providing an at-a-glance dashboard overview of the financial status of any customer job, and handy one-click reports. QuickBooks Online’s new Projects Center has the tools you need for construction and other project management bookkeeping. QBO helps with cost accounting, including time & materials contracts, and percentage of completion, and at-a-glance profitability reports.

This CPE webinar for CPAs is specific to construction and project-based jobs and covers following Key Topics:

  • Estimates
  • Progress Invoicing
  • Change orders
  • Taking Deposits
  • Receiving Partial Payments
  • Billing for time and materials
  • Job Costing 

Recommended for Businesses who work in the field, Businesses that write estimates or bid on jobs, take deposits for work to be performed, take partial payments as work is completed, and want to determine which services and customers make the most profit and also to Bookkeepers and Accountants who wish to brush up on their skills.

Learning Objectives

  • To recall the new features in QBO for projects.
  • To recall the new features in QBO for projects.
  • To recognize how to track change orders in QBO for projects.
  • To Identify how to do Progress invoicing in QBO for projects.

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Bookkeeper
  • Certified Management Accountant
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Senior Accountant
  • Tax Accountant (Industry)
  • Young CPA