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Tying parts to invoices without putting the part on customer invoice

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?
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Bob Stone
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Bob Stone
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1 Solution
 
John HurstBusiness Consultant (Owner)Commented:
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.
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Bob StoneIT GuruAuthor Commented:
Sorry, not following, customer:job?
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John HurstBusiness Consultant (Owner)Commented:
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.
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Bob StoneIT GuruAuthor Commented:
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.
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John HurstBusiness Consultant (Owner)Commented:
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.
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Bob StoneIT GuruAuthor Commented:
Ok, I see now. Thanks :)
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John HurstBusiness Consultant (Owner)Commented:
@Bob Stone  - You are very welcome and I was happy to help.
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