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This report displays all Job Estimates vs. It’s especially useful for those who have multiple jobs going on at any one time. This is an invaluable report for Contractors who bill customers over time for a fixed bid. Estimates: You can find this report also from the gray menu bar: Reports – Job Costing – Job Progress Invoices vs. This is a great overview report that displays the total Actual Cost to the Actual Revenue of all jobs during any specified time period. Job Profitability Summary: You can find this report also from the gray menu bar: Reports – Job Costing – Job Profitability Summary. This is a great simple report that compares your actual job related costs to date, totaled by cost code (item), to your actual revenue to date. Job Profitability Detail: You can find this report also from the gray menu bar: Reports – Job Costing – Job Profitability Detail. You can also customize the columnns displayed on the report to show things like: just the estimated cost vs. The variance column makes it easy to spot cost overruns and see the status of draws vs. This report is useful during the job for managing both costs and revenue. This report compares your Estimated Cost to your Actual Cost by cost code (item) as well as your Estimated Revenue to your Actual Revenue to date. This is THE key report for most Contractors. Actuals Detail: You can find this report from the gray menu bar: Reports – Job Costing – Estimates vs. My Top 5 Job Costing Reports in QuickBooks for Contractors are: In this short video, I’ll share with you a few of my favorite Job costing reports and the powerful insights they provide to Contractors just like you every day.

When set up right, QuickBooks Desktop software can provide you with all the answers, just by entering your day to day transactions. I once had a client exclaim in distress that HE paid for his client’s swimming pool! My Top 5 Job-Costing Reports in QuickBooks DesktopĪs a Contractor, nothing is more unsettling than not knowing how whether you are making or losing money on your jobs and knowing where you went right – or wrong – on your bid.