Contractor Edition - Accounting Software Secrets
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Contractor Edition

Contractor Edition

Contractor Edition

 

According to Intuit’s web site, there are four key features and benefits available with the Contractor Edition.  Three include features available in the other versions of the product as well: 1. Help stop losses with contractor-specific reports; 2. Keep your entire job details in one place; 3. Fast and easy for contractors to set up, learn, and use.  The final enhancement deals with industry specific reports to see which jobs are making money, and which are not.

 

There are three reports included in this category according to Intuit’s web site:

 

  1. Job Costs Detail Report – This report only includes the costs from the expense tab of expenditures and payroll costs that have been paid and assigned to the specific customer:job, not the items.  Alternatives: 1) The same report for only the costs (not the payroll costs) can be created by using the unbilled costs by job report then filtering for the date range and changing the billing status to all (not just unbilled). 2) The same report that includes the items as well as the costs and payroll expenses can be created by using the Job Profitability Summary Report then double click on the total at the bottom of the report.  Note: It is the opinion of the author this alternative is better than the new industry specific report because it includes items as well.
  2. Expenses not Assigned to Jobs – This report is not available without the Contractor, Professional Services, or Accountant Edition.  The report only shows information entered on the expense or item tabs for expenditures.  It does not include the payroll related transactions that have not been assigned to a customer:job.  In the other versions of the product, the best way to accomplish reconciling is to compare the Profit & Loss by Customer:Job with the Profit & Loss Standard for the same time frame.  By double clicking on the Profit & Loss Standard subtotal, it is possible to scroll through the activity looking for entries in the name column that are not customer:jobs (or adding the source name column to see where expenditures have the same name in both columns).
  3. Job Estimates vs. Actuals – this report is available for both summary and detail for Pro and higher products.  It is not unique to the Contractor Edition.

<span times=”” new=”” mso-bidi-language:ar-sa=”” mso-fareast-font-family:=”” mso-ansi-language:en-us;mso-fareast-language:en-us;=”” “=””><br clear=”all”> </span> </p><p> <br></p> <p>QBRA-2004: Reports > Industry Specific > Contractor Reports</p> <p> <img src=”/sites/default/files/1_0.jpg” data-cke-saved-src=”/sites/default/files/1_0.jpg” style=”width: 576px; height: 461px;” alt=””><br></p> <p> </p> <p>In addition to the information supplied by Intuit, the following four reports are only available with the Accountant or Contractor Edition of the software.  While some of these reports could be created by filtering, they would not provide the exact same look.</p> <p> </p> <ol start=”1″ type=”1″> <li>Open Purchase Order by Vendor Detail – An Open Purchase Order report is available in other versions, but it is only available as a summary report.</li> <li><a data-cke-saved-href=”http://www.4luvofbiz.com/kb/premium.php?cat=25&id=245800″ href=”http://www.4luvofbiz.com/kb/premium.php?cat=25&id=245800″>Unpaid Bills by Job</a> – The Unpaid Bills Report that is available as a standard report in other versions is a summary report that cannot be sorted by job.</li> <li><a data-cke-saved-href=”http://www.4luvofbiz.com/kb/premium.php?cat=25&id=245850″ href=”http://www.4luvofbiz.com/kb/premium.php?cat=25&id=245850″>Unpaid Job Bills by Vendor</a> – Although the name of this report is rather confusing, a report that shows the unpaid bills with the detail lines is not available without the Contrator or Accountant Edition. The Unpaid Bills in the other versions are a summary reports, not detail.</li> <li><a data-cke-saved-href=”http://www.4luvofbiz.com/kb/premium.php?cat=25&id=245300″ href=”http://www.4luvofbiz.com/kb/premium.php?cat=25&id=245300″>Job Costs by Vendor</a> – This report includes both costs and items.  The purchases reports available in the other versions on include items, not costs.<br> <br> With Version 2005, the <a data-cke-saved-href=”http://www.4luvofbiz.com/kb/premium.php?cat=25&id=1245″ href=”http://www.4luvofbiz.com/kb/premium.php?cat=25&id=1245″>contractor specific lists</a> were expanded.</li> </ol> <p> </p> <h3> </h3> <h2>More information on this topic</h2> <p><a data-cke-saved-href=”http://www.4luvofbiz.com/kb/premium.php?cat=25&id=1119″ href=”http://www.4luvofbiz.com/kb/premium.php?cat=25&id=1119″>Intuit Accounting Products</a></p> <p></p>