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Track Job Costs in QuickBooks

Job cost tracking is an extremely important part of a contractor's business. Job costing means tracking the expenses for a job and then comparing those expenses to the job's revenue. This tells you which jobs are making money and which are not.
 
With the QuickBooks job costing tools you can easily see exactly how much money you spent—and made—on each of your jobs. You won't have to wait until you do your taxes at the end of the year to see how your business is doing. Plus, you'll be able to see which types of jobs are winners and which are losers, so you'll know which jobs to take in the future.
 

Job costing in QuickBooks can also help you estimate more accurately. Estimating may be the most important—and most difficult—part of running a contractor business. But unless you compare your estimated costs to your actual costs after the work is complete, you have no way to know if you are estimating too high or low, and no way of improving your ability to estimate in the future. The QuickBooks job cost reports make it easy for you to compare your estimated costs to actual costs.

Detailed Information

Quick Tip: QuickBooks Premier Contractor Edition gives you additional reports for Job Costing

 

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