QuickBooks Job Costing System 1 Tracking WIP

Accounting Instruction, Accounting Instruction, Help, & How To

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16 Lessons (2h 51m)
    • 1. QuickBooks Job Costing System 1 Tracking WIP

      2:58
    • 2. 130 Review Job Cost System 1

      21:40
    • 3. 310 Create QuickBooks File

      6:40
    • 4. 320 Set Up Jobs

      6:18
    • 5. 325 Set Up Job Costing Items

      10:14
    • 6. 327 Set Up Estimates For Jobs

      9:17
    • 7. 330 Set Up WIP Beginning Balances

      12:55
    • 8. 335 Enter Beginning Balances

      7:42
    • 9. 340 Purchase Raw Materials On Account

      6:01
    • 10. 345 Direct Materials Used in Job

      9:31
    • 11. 350 Direct Labor Applied to Jobs

      9:38
    • 12. 355 Factory Overhead Applied to Job

      12:41
    • 13. 360 Factory Overhead Incurred

      18:16
    • 14. 365 Job Completed & Not Billed

      8:43
    • 15. 370 Job Closed & Invoiced

      21:47
    • 16. 375 Close Balance In Factory Overhead

      6:12

About This Class

You will learn how to enter data into QuickBooks desktop related to a job cost system and how to generate and analyze reports. 

This first course will focus on the work in process account as we enter the data into QuickBooks. 

We plan on adding three more courses that will provide variations to this practice problem you may consider for your business.