Hi, Penny! I would love to be able to "dig down" into the numbers that create each expense item on the Est. vs Act. report. For example, I have plumbing labor, and I would like to see the bills that make that number up. In desktop, I could click the total and it would bring the detail right up, but I've not figured out how to find that info in QBO.
I am using QBO Plus and it allows me to create estimates and apply them to the project. When I enter bills or expenses and apply them to the accepted estimate for progress invoicing it does not apply the invoiced item to the estimated item. It adds the item to the invoice as a separate line item. Is that because I am not using the Advanced QBO???
You are mixing some things up. Entering costs are vendor based transactions - bills, expenses. When you enter an estimate - that is a customer facing transaction. When you enter costs, they are not related to the estimate or invoice other than in the reports. You need to add the customer on the expense line items and then you can run a profit and loss filtered for the job or if using projects the job profitability detail - that will show both the income and the expenses for the project
Hello, I made a video to explain the issue. ua-cam.com/video/Wyijyq4HlIY/v-deo.htmlfeature=shared Basically I am trying have all of the project expenses and bills show progress invoicing against the estimate. I would love to have an estimate to actual report but I know that feature is part of advanced only. Is it not possible to have my project expenses and bills invoice directly to the product and services line items as a percentage/decimal value of each estimated line item? It basically just adds all of the invoiced line items to the bottom of the invoiced estimate. I appreciate your feedback! Best, Darren Henegar
Thanks, this is actually extremely helpful
Hi, Penny! I would love to be able to "dig down" into the numbers that create each expense item on the Est. vs Act. report. For example, I have plumbing labor, and I would like to see the bills that make that number up. In desktop, I could click the total and it would bring the detail right up, but I've not figured out how to find that info in QBO.
Thanks for sharing Penny! Do you know if QBO has added the feature to include the Job-Related Labor Cost into the "Actuals"?
No they have not
I am using QBO Plus and it allows me to create estimates and apply them to the project. When I enter bills or expenses and apply them to the accepted estimate for progress invoicing it does not apply the invoiced item to the estimated item. It adds the item to the invoice as a separate line item. Is that because I am not using the Advanced QBO???
You are mixing some things up. Entering costs are vendor based transactions - bills, expenses. When you enter an estimate - that is a customer facing transaction. When you enter costs, they are not related to the estimate or invoice other than in the reports. You need to add the customer on the expense line items and then you can run a profit and loss filtered for the job or if using projects the job profitability detail - that will show both the income and the expenses for the project
Hello,
I made a video to explain the issue. ua-cam.com/video/Wyijyq4HlIY/v-deo.htmlfeature=shared
Basically I am trying have all of the project expenses and bills show progress invoicing against the estimate. I would love to have an estimate to actual report but I know that feature is part of advanced only. Is it not possible to have my project expenses and bills invoice directly to the product and services line items as a percentage/decimal value of each estimated line item? It basically just adds all of the invoiced line items to the bottom of the invoiced estimate.
I appreciate your feedback!
Best,
Darren Henegar