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Video TutorialsJob Cost-QuickBooks Online vs Xero Job Costing-Projects



Job Cost-QuickBooks Online vs Xero Job Costing-Projects
Video: .MP4, 1280x720 30 fps | Audio: AAC, 44.1 kHz, 2ch | Duration: 09:36:39
Genre: eLearning | Language: English + Subtitles | Size: 3.9 GB

This QuickBooks Online and Xero Job Costing course will provide the resources for learners to develop a solid understanding of job costing concepts and the tools these top accounting software packages provide to create an effective job costing system.


Learn job costing using top accounting software from a practicing CPA
What you'll learn

How to set up a job costing system using QuickBooks Online

How to enter job or project estimates

How to create jobs or projects

How to bill for jobs or projects

How to set up two sided or double sided items

How to apply materials to jobs or projects

How to apply direct labor to jobs or projects

How to apply overhead to jobs or projects

How to create an invoice from actual costs

Requirements

None-Both QuickBooks Online and Xero generally provide a free 30 trial (great tool for us)

Description

We will discuss the process of setting up QuickBooks & Xero for a job costing system.

The course will describe the teology used by software and by the industry, such as jobs, sub customers, and projects.

Learners will understand how to set up projects and how they function to track costs and revenue per job.

We will cover how to enter bills and allocate costs to jobs using forms such as bill forms and expense forms.

The course will discuss the concept of a double-sided or two-sided items, how to create them, and why they are necessary for job costing.

Learners will know how to apply materials to jobs.

We will discuss how to apply direct labor to a job.

The course will show how to apply overhead to jobs.

Learners will be able to create invoices for the job using either the estimate or the actual billed costs.

Who this course is for:

Business professionals in an industry using job costing

Accounting professionals who want to learn job costing

Students who want to apply job costing concepts to accounting software



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