Solved

Tying parts to invoices without putting the part on customer invoice

Posted on 2015-02-05
7
71 Views
Last Modified: 2015-03-08
I quote and invoice people on parts plus labor but for obvious reasons I don't put the part cost on the invoice. How would I put that in Quickbooks and tie it to specific invoices so that I have an accurate showing of profit?
0
Comment
Question by:Bob Stone
[X]
Welcome to Experts Exchange

Add your voice to the tech community where 5M+ people just like you are talking about what matters.

  • Help others & share knowledge
  • Earn cash & points
  • Learn & ask questions
  • 4
  • 3
7 Comments
 
LVL 94

Expert Comment

by:John Hurst
ID: 40593564
You would have to account for the customer:job when you enter costs and revenues. Then run the Job Report: Profit and Loss by Job.

The key is to remember to apply the customer:job to all the accounts related to that job when you enter transactions. Customer:job is the main invoice name and customer:job can be applied to Bills and Journal Entries.
0
 
LVL 9

Author Comment

by:Bob Stone
ID: 40593582
Sorry, not following, customer:job?
0
 
LVL 94

Expert Comment

by:John Hurst
ID: 40593607
Every customer has a "customer:job" . If there are no jobs for a customer, then you may be able to use just the customer, or go into the main Customer screen and give each customer one job. The job is how you can attribute the Bills and Journal Entries to specific customers.

Look in a Bill entry, on a line and see Customer over on the right side. This is where you add the customer or customer:job.
0
Industry Leaders: We Want Your Opinion!

We value your feedback.

Take our survey and automatically be enter to win anyone of the following:
Yeti Cooler, Amazon eGift Card, and Movie eGift Card!

 
LVL 9

Author Comment

by:Bob Stone
ID: 40609843
Sorry for the delay, I recently switched from Quickbooks Online to Quickbooks 2011 Pro because there are far more options on the desktop version. I had to move stuff and get all my invoices inputted.

I'm still not seeing the customer:job thing. Or I'm failing to understand it.
0
 
LVL 94

Accepted Solution

by:
John Hurst earned 500 total points
ID: 40609846
On the main menu at the top of QuickBooks, open the Customer Home screen. Look at the list of customers and under the customer you want, you can add a job (customer:job). Transactions (bills and invoices) can be tied to those jobs for reporting.

Make a COPY of your QBW file and name it company_test.QBW. Then test within the copy to see what I am talking about.
0
 
LVL 9

Author Comment

by:Bob Stone
ID: 40609864
Ok, I see now. Thanks :)
0
 
LVL 94

Expert Comment

by:John Hurst
ID: 40652613
@Bob Stone  - You are very welcome and I was happy to help.
0

Featured Post

U.S. Department of Agriculture and Acronis Access

With the new era of mobile computing, smartphones and tablets, wireless communications and cloud services, the USDA sought to take advantage of a mobilized workforce and the blurring lines between personal and corporate computing resources.

Question has a verified solution.

If you are experiencing a similar issue, please ask a related question

Suggested Solutions

Title # Comments Views Activity
PC freezes and shutdowns becoming more frequent 17 145
forensics tools for file amendments/associations 2 105
Suggestions of cloud services for small businesses 9 74
API v SOA 8 43
I use more than 1 computer in my office for various reasons. Multiple keyboards and mice take up more than just extra space, they make working a little more complicated. Using one mouse and keyboard for all of my computers makes life easier. This co…
Developer portfolios can be a bit of an enigma—how do you present yourself to employers without burying them in lines of code?  A modern portfolio is more than just work samples, it’s also a statement of how you work.
Viewers will learn how to use the Hootsuite Dashboard.
The viewer will learn how to successfully create a multiboot device using the SARDU utility on Windows 7. Start the SARDU utility: Change the image directory to wherever you store your ISOs, this will prevent you from having 2 copies of an ISO wit…

730 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question