By
Nancy Smyth, on August 2nd, 2010.
Progress Invoicing is a feature of QuickBooks® Pro, Premier and Enterprise editions, however, it is geared toward line item billing; more commonly used by contractors who work on large commercial and/or government construction projects involving a large scope of work or schedule of values and detailed line-item [Read the full article...]
By
Nancy Smyth, on July 30th, 2010.
Progress Invoicing is a standard feature of QuickBooks® Pro, Premier, and Enterprise editions; each of these versions also offer several options for invoicing as well. In order to implement the Progress Invoicing function you must also utilize the QuickBooks Estimate function – this will eliminate repetitive data entry and help you achieve good job costing reports, such as Estimate vs. Actual [Read the full article...]
By
Nancy Smyth, on July 29th, 2010.
If you are a subcontractor, sometimes the General Contractor will have a form that they insist you use (instead of your own invoice form), other times they may insist that you submit your progress billing on an industry standard billing form – such as the AIA G-702 & G-703 forms developed by the American Institute of Architects – or similar plain paper forms containing the same [Read the full article...]
By
Nancy Smyth, on July 13th, 2010.
As a business owner there can be several different situations that you encounter where you might need to include a long disclaimer or explanation when you sell a specific item, offer special discounts, provide warranty information or explain your payment requirements when bidding on a job or even invoicing a customer. There are four different methods for adding long disclaimers to your QuickBooks forms; choose the one that makes the most sense for your [Read the full article...]
By
Nancy Smyth, on July 9th, 2010.
Retention or retainage is usually a specific percentage, for example 10%, of the total contract that is held back by the project owner in reserve to protect the owners interest. QuickBooks users must initiate work-arounds and make QuickBooks track retainage that is held on each progress [Read the full article...]