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Sometimes you may feel like you made a bunch of money, but not realize that your labor costs were so high that you barely made a profit!
#HOW TO RECORD EXPENSES IN QUICKBOOKS PRO 2016 PROFESSIONAL#
If you’re a contractor or other professional who really wants to know if you’re making any money on the jobs you do, Job Costing is essential, especially if your job expenses include payroll. It allows to you see if a project was profitable or not. Let me know if you have any questions or would like a video to go with this in the comments.QuickBooks has a powerful Job Costing feature that allows you to compare the income you made from a job to the expenses you incurred to provide the product or service. This can be done by entering checks and linking them to the loan. You should also record every payment made for the loan.