[Udemy] QuickBooks Desktop Job Costing
What you’ll learn
4 strategies to run a full job costing system in QuickBooks
How one can enter estimates
How one can create and use two sided objects in a job price system
How one can monitor stock components in a job price system
How one can generate and analyze job costing stories
How one can use lessons in a job costing system
Understanding of accounting ideas
The course will embody 4 instance issues demonstrating totally different job costing techniques and strategies that can be utilized.
We’ll present backup recordsdata so learners can leap ahead within the issues or rework any element of an issue. Using backup recordsdata just isn’t a requirement of the course, nonetheless.
You probably have an older model of the software program and can’t use backup recordsdata, you may nonetheless work the apply issues from begin to end. We will probably be creating new recordsdata for every apply drawback so learners can observe alongside from begin to end with out the necessity for a backup file.
The course will begin out reviewing a job costing system, gaining an understanding of the targets of a job costing system. Then we are going to focus on the instruments supplied by QuickBooks to realize our targets within the QuickBooks software program.
We’ll begin by reviewing the top merchandise of the 4 job costing system apply issues we will probably be creating in later within the course. This evaluate course of will enable us to visualise the place we’re headed within the course. Then we are going to begin working issues from begin to end.
Our first QuickBooks drawback will run a job price system in QuickBooks utilizing a piece in course of or WIP account to trace prices. We’ll begin out utilizing a restricted variety of accounts and objects and stroll by every step intimately.
The second QuickBooks drawback will run a job price system in QuickBooks, specializing in the Value of Items Bought account. We’ll use a small variety of accounts and objects. We’ll focus on adjusting entries that can be utilized to regulate the monetary statements to the suitable accounting methodology required.
The third QuickBooks drawback will run a job price system in QuickBooks with using extra accounts and objects, leading to a system that gives extra detailed stories.
Who this course is for:
- Enterprise professionals in an business utilizing job costing
- Accounting professionals who wish to study job costing
- College students who wish to apply job costing ideas to accounting software program