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How do you use the following 5 QuickBooks features in your company?
A quick 5-question poll from Info Plus Accounting...
Q.1
Re: the “Estimates” feature of QuickBooks, we use it to:
We don’t use the “Estimates” feature (or I don’t know if we do).
Enter OUR estimated COSTS to perform the job.
Enter our estimated PRICE to customers.
Enter both OUR estimated costs and PRICE to customers.
Q.2
Re: the Invoicing feature in QuickBooks:
We don’t Invoice our customers (or I don’t know if we do).
We Invoice for work performed as soon as the job is finished.
We Invoice on a specific schedule (e.g., every-other-week, monthly, or based on contract).
We Invoice customers as we find the time (sometimes later than we should).
Q.3
Re: Employee costs for Direct Labor
We don’t have direct labor employees (or I don’t know how we assign employee costs).
We don’t assign any employee costs to jobs.
We assign payroll and payroll tax costs to jobs.
We assign employee labor burden costs to jobs.
Q.4
Re: Purchase Orders:
We don’t use PO’s at all (or I don’t know how we use PO’s).
We seldom use PO’s
We use PO’s sometimes
We use PO’s for nearly all purchases.
Q.5
Re: How your “Indirect Production Costs” appear on reports. (E.g., costs for equipment, machinery, small tools, supervisory or production support costs , burden costs for direct labor, and so forth):
I don’t know how those costs appear on reports
We include all of these costs “above” the Gross Profit line.
We include all of these costs “below” the Gross Profit line.
These costs are partially “above” and partially “below” the Gross Profit line.
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