Quickbooks

QuickBooks for Contractors, Builders & Developers

Introduction:

QuickBooks is used by thousands of construction companies, builders and developers; the program is capable of handling most job costing and work in progress accounting needs, as long as it is set-up properly, and transactions are entered correctly. This Seminar provides an efficient way to use QuickBooks to handle most recordkeeping tasks for companies that use Completed Contract to record income and expense.

Learning Objectives:

By attending this seminar, QuickBooks users will learn:

Special financial recordkeeping and account consideration for Contractors, Builders and Developers
How to set up QuickBooks for Job Costing, Work in Progress and Completed Contract Accounting
Progress Billing Using Estimates, Work Orders and Invoices for Customers and Jobs
Recording and Paying Expenses including Time Tracking billable to Jobs
Closing a Job - Job Cost Reporting

Course Content:

Taught using a blend of instructional lecture and demonstrations, this seminar will cover:

Unique Chart of Accounts for Contractors, Builders and Developers
Setting-up Job Cost Accounting in QuickBooks
- Customers and Jobs
- Tying Items to Job Costing
- Payroll-related considerations
Recording Estimates when you bid a job
When a New Contract is Signed
- Turning Estimates into Work Orders
Tracking, recording, billing and paying for Job-related expenses
- How to handle Change-orders and Retainage
- Progress Invoicing
Closing a Job
- The Final Invoice(s)
Special Reports for Contractors, Builders and Developers
- Job Profitability Reports / Profit and Loss by Job
Q&A (additional time will be available following the seminar)

Who Should Attend?

This seminar is designed for QuickBooks users, including accounting professionals, who have responsibility for financial recordkeeping for Contractors, Builders and Developers.

Prerequisite: Basic working knowledge of QuickBooks functionality and terminology.

About the Instructor:

William "Bill" Murphy is a Certified QuickBooks ProAdvisor who has been helping small business owners in Oklahoma get the most from their QuickBooks software since 1989. Bill's consulting firm, RRR, Ltd. specializes in helping clients with installation, set-up, use, training and problem resolution for QuickBooks and related Intuit Software. Bill is also a Certified ProAdvisor in QuickBooks Point-of-Sale and QuickBooks Enterprise Solutions. He has over 30 years of teaching and instructional experience, and holds both a Bachelors and Masters degree from the University of Central Oklahoma.

For more information or to make comments:
Corporate Learning
Phone: (405) 682-7562
Fax: (405) 682-7578
7777 South May Avenue
Oklahoma City, OK 73159-4444