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Super Simple Guide to Importing Renovation Cost Codes to Quickbooks Online
In this episode, Nick Baldo delves into the use and importance of cost codes for real estate investors and bookkeepers. He provides a guide on importing cost codes into QuickBooks online, tracking expenses, and the analytics possibilities they open up. He also highlights the significance of the Builder Books Academy course.
Save a ton of time by importing your Cost Codes into Quickbooks Online. If you are in the building industry (flipping, renovating, building), you need to track expenses by Cost Codes. Check out my super easy demo on how to get these codes into QBO QUICK! Download here: https://tinyurl.com/productserviceimport
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
Join the Waitlist for Builder Books Academy: https://www.incomedigs.com/bba-wait-list
Enroll to Super VA: https://www.incomedigs.com/sva
(0:00) Introduction and tutorial on cost codes and their importation into QuickBooks online
(1:04) The use of cost codes in estimates and actuals
(3:07) Importance and tracking of cost codes in QuickBooks
(4:43) Adding a list of products and services (cost codes) in QuickBooks
(6:21) Process of importing cost codes into QuickBooks online
(9:01) Considerations on the number of cost codes to maintain
(9:42) Tracking expenses using cost codes in QuickBooks
(11:38) Adding categories in products and services manually
(13:14) Analytics possibilities opened up by cost codes
(14:07) Continuation on cost codes and the importance of mapping
(14:24) Audience engagement and availability of free resources at incomedigs.com
(14:40) Importance of Builder Books Academy course for bookkeepers, remodelers, and builders
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By Nick BaldoIn this episode, Nick Baldo delves into the use and importance of cost codes for real estate investors and bookkeepers. He provides a guide on importing cost codes into QuickBooks online, tracking expenses, and the analytics possibilities they open up. He also highlights the significance of the Builder Books Academy course.
Save a ton of time by importing your Cost Codes into Quickbooks Online. If you are in the building industry (flipping, renovating, building), you need to track expenses by Cost Codes. Check out my super easy demo on how to get these codes into QBO QUICK! Download here: https://tinyurl.com/productserviceimport
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
Join the Waitlist for Builder Books Academy: https://www.incomedigs.com/bba-wait-list
Enroll to Super VA: https://www.incomedigs.com/sva
(0:00) Introduction and tutorial on cost codes and their importation into QuickBooks online
(1:04) The use of cost codes in estimates and actuals
(3:07) Importance and tracking of cost codes in QuickBooks
(4:43) Adding a list of products and services (cost codes) in QuickBooks
(6:21) Process of importing cost codes into QuickBooks online
(9:01) Considerations on the number of cost codes to maintain
(9:42) Tracking expenses using cost codes in QuickBooks
(11:38) Adding categories in products and services manually
(13:14) Analytics possibilities opened up by cost codes
(14:07) Continuation on cost codes and the importance of mapping
(14:24) Audience engagement and availability of free resources at incomedigs.com
(14:40) Importance of Builder Books Academy course for bookkeepers, remodelers, and builders