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QB Pro power users, unit cost vs sales $

Discussion in 'Business Operations' started by HBFOXJr, Feb 5, 2003.

  1. HBFOXJr

    HBFOXJr LawnSite Bronze Member
    Posts: 1,706

    I'm having a real problem comprehending what I can or can't do with the price of items.

    The help file makes it sound like you can enter a unit cost and a sale price when you set up and item. Sounds like it makes no difference whether you use inventory or non-inventory parts on your item list.

    I see how I can "change prices" by editing the price of the item or by go through the "change price" routine where I can select multiple items and change the price by $$ or %.

    No where can I find where both a price I pay for an item AND a sales price can be entered.

    In the preferences fro sales and customers there is a field where you can enter a default mark up %. Thats fine. Where the heck is the unit cost of the item and the resulting sales price.
     
  2. HBFOXJr

    HBFOXJr LawnSite Bronze Member
    Posts: 1,706

    When you edit the item there is a check box under item name/number. Beside it says this item is purchased and sold for a specific customer/job.

    Pretty obscure and confusing if you ask me but when you click the box it opens a new screen whre you can enter what you pay, who you buy from, expense account for the item, sales account for the item etc.

    The terminology and QB help on finding this was terrible.

    So now you can do job costing.:rolleyes:
     
  3. lsylvain

    lsylvain LawnSite Senior Member
    Posts: 777

    QB pro isn't very good for job costing. It's a pain. I just got the contractors edition demo in the mail today I'm going to see if it is any better.

    what I do is when you are in the write checks window and I just got some mulch for 2 customers. In journal entry section at the bottom, there is a Customer:Job field. If you enter the cutomer names it keeps track of it that way. Of course you have to make a different entry for each cutomer.
     

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