Mastering QuickBooks Contractor Edition

           We’ve taught more contractors and construction
   companies to use QuickBooks than ANYONE in the world!

  Contractors and construction companies have unique accounting needs! This makes setting
  up, entering transactions, and even running reports much more difficult for you than a
  “generic” industry. Make QuickBooks work FOR YOU…instead of against you! Take the
  mystery out of complicated transactions and reports you need as a contractor. If you want
  to reduce frustration and increase accuracy, this is the training for you!

  This course is designed for all contractors and construction companies…including builders,
  carpenters, contractors, electricians, general contractors, landscapers, painters, plumbers,
  remodelers, roofers, and subcontractors.

  Learn everything covered in our full two-day class, at your own pace, at your own
  place!

• 10 hours of comprehensive training (2 full days worth)



• Covers from the basic of job cost through the most complicated reports you’ll need



• QuickLearn lets you practice what you learn…while you learn



• QuickSearch lets you learn only what you need to know



• 8 hours of CPE

         The quickest and easiest way to learn
                 Quickbooks…guaranteed!

  Here’s what you learn in Mastering QuickBooks Contractor   Edition

  Getting Started with QuickBooks

• Creating a new data file
• Setting up customers and jobs
• Completing setup: opening balances, completing lists, special accounts, opening balance equity, and payroll setup
• 2 methods for entering transaction history
• Checking the setup…is it right?

  Job Costing

• Understanding items…the core of your job cost tracking
• Guidelines for getting job cost information from QuickBooks
• Setting up items for accurate job costing
• Tracking committed costs
• Job costing payroll wages, benefits, and taxes
• Allocating owner and partner time to a job
• Running job profitability reports
• Tracking your company’s gross margin on jobs
• Using the Job Costing Center
• Running job status reports
• 2 methods for tracking Work-in-Progress

  Estimating and Invoicing

• Estimating jobs in QuickBooks
• Estimating fixed priced job
• Memorizing estimates (how and why)
• Progress invoicing against estimates
• 3 methods to enter and automate change orders
• Invoicing construction draws
• Using billing rate levels

  Sales Transactions, Tricks, and Workarounds

• Entering statement charges
• Working with multiple accounts receivable accounts
• Finding and fixing typical errors in accounts receivable
• 2 methods for handling customer deposits
• Retainage
• Writing off bad debts
• Customer under- and over-payments
• Transferring customer credits
• Tracking cost and sales of spec homes

  Purchase Transactions, Tricks, and Workarounds

• Vendor deposits
• Preparing 1099’s at year-end
• Tracking liability certificates
• Entering employee and owner purchases
• Prepaid expenses
• Vendor refunds
• Barter transactions
• Voiding prior period checks
• Automating purchase orders for jobs

  Payroll Transactions, Tricks, and Workarounds

• Allocating benefits/taxes to jobs
• Job costing salaried employees
• Using payroll effectively for job costing
• Handling special payroll deductions and payments
• Tracking employee loans
• Setting up and tracking workers compensation insurance
• Allocating owner’s cost to jobs when they don’t receive a paycheck

  Mastering QuickBooks Reporting

• Advanced report customization
• Report types in QuickBooks…what you really need to know!
• Importing and exporting reports
• Using special fields to improve reports
• Troubleshooting reports filters
• Memorizing reports and creating report groups
• Adding reports to the iconbar
• Powerful techniques for modifying reports in Excel
• Generating custom summary and transaction reports
• Graphing QuickBooks data in Excel
• Budgets and forecasts
• Combining financial statements
• Extending the QuickBooks database
• Using advanced fields for reports (customer type, vendor type, job type, custom fields, and more)

  Reports for Job Cost

• Gross margin reports on open and closed jobs
• Estimate vs. actual reports
• Running unpaid/paid bills reports for jobs
• Job cost by Vendor reports
• Time tracking reports
• More job cost reports!

  Customizing QuickBooks (make QuickBooks REALLY work for you!)

• Modifying important preferences
• Customizing your home page
• Modifying the iconbar
• Creating and using custom fields
• Using account numbers
• Using classes (for departments, locations, etc.)

  Unlocking the Power of QuickBooks

• Deleting and archiving old transactions in your file
• Remote access (to access your company file through the internet)
• Automating backups
• Tricks to make QuickBooks run faster and more efficiently
• Corrupt data files…how, why, and what to do.
• Verify and rebuild company files

  Importing and Exporting

• Exchanging data between QuickBooks files
• Importing and exporting lists
• Importing and exporting customized forms
• Using reports with multiple company files
• Exchanging data between QuickBooks and other programs
• Working with integrated applications
• Using special Excel import feature

  Secrets Your Accountant Should Know

• Common mistakes and their fixes
• Closing the books
• Getting information to and from your accountant
• Finding changes made to closed periods
• Understanding and using retained earnings
• Discovering quirks of QuickBooks journal entries
• Using reversing journal entries
• Understanding year-end procedures
• Using the Audit Trail and other reports to find errors
• Cash basis financial statements (what is QuickBooks doing?)
• Special reports for your accountant
• What you REALLY need to know to become an advanced user!
• Little known power features in all areas of QuickBooks

  And much more!

  Real Customers…Real Words…Real World Training’s
  Mastering QuickBooks Contractor Edition
  QB is pretty tough to figure out on your own. Having someone walk you through it helps
  make sense of it all much faster.
  P. Hale

  I’m so thrilled with the training and what I have found that QuickBOoks can do above and
  beyond what I already knew.
  Amanda

  I came from a non accounting background and with just a couple accounting classes and
  these courses, I have been able to change the way our company keeps books.
  H. Rodenheiser

  The course provides a foundation from which to begin using. Also the learning manual
  provides directions for little used features.
  N.J. Novak

  Now that I have taken this class I feel more confident in using the software to my
  company's advantage.
  M. Velis-Bogert

  I now feel that I have the info and resources to move forward and make our business
  functions a whole lot easier. Thank you again for the training and answers.
  T. Kaneshiro

  We have used QB for lots of years---just never really understood how to use it correctly.
  Overall this is what I needed. It was time consuming but worth it.
  R. Garnato