Income Digs

How to use Quickbooks Online Projects to Manage Renovation Expenses


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In this episode, Nick Baldo delves into the intricacies of QuickBooks Online's Project Tracking feature. He discusses project creation, cost logging, and employee management. Additionally, he explores time management, invoicing, and report accessing. Finally, he covers the transition from class to customer tracking.

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"Projects" is a relatively new QBO feature. It serves as an all-in-one reporting feature for those of use who use QBO to track renovations, rehabs or any other project with a start/ finish date. In this video, I show you how to best utilize Projects in order to accurately track your construction expenses and make use of powerful built-in reporting!

(0:00) Introduction and Overview of QuickBooks Online's Project Tracking Feature
(1:27) Project Creation and Management in QuickBooks Online
(3:09) Logging Project Costs and Using Products and Services for Cost Tracking
(6:32) Employee Management for Project Cost Tracking in QuickBooks Online
(8:46) Time Management and Weekly Timesheets for Project Cost Tracking
(10:24) Invoicing and Realizing Gains from Flipping in QuickBooks Online
(12:30) Accessing Transactions and Project Reports in QuickBooks Online
(13:45) Transitioning from Class Tracking to Customer Tracking in QuickBooks Online
(14:16) Conclusion and Feedback Request
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Income DigsBy Nick Baldo