Monday, September 28, 2009

Posting Inventory Items to a Job in QuickBooks

Q: Our company keeps a stock of certain building supplies on hand for small jobs. When we bill, we do not bill separately for these items. However, we would like them to show up on the job profit reports, how can I do this? So far the only way I've found is to make a general journal entry, however that puts them in the "no item" category on the profit reports. If I do an inventory adjustment it shows up on the customer center screen but not the reports for that job.Any other suggestions/ideas?

A: For inventory you actually need to enter it in as an Invoice since an Invoice is what relieves inventory. You will enter the items used as normal but sell them a $0.00. That way QuickBooks will apply the COST to the Job but not charge them anything.

Denise Magee
Quality Consulting and Billing, Your Expert QuickBooks Enterprise Solutions Consultants