Using Quickbooks Pro 2011
I need to enter/track expenses for each invoice. What I do now is create an invoice, choose the Customer:Job, and enter the charges. What I need to be able to do is (not on the invoice) enter expenses for the specific invoice.
Example: I create an invoice for customer XYZ. The invoice has one item; Services Rendered with an amount of $200. Plain and simple. Now for my own reporting purposes I need to enter/track an expense. Of the $200 invoice total, it cost me $100 to pay my employee labor and another $25 in materials.
How and where do I enter the labor and material costs associated with THIS single invoice? I need this information to track my profit and loss. I am having a very hard time finding an answer to this.