Get an in-depth look at job costing through a series of four Intuit Small Business Town Halls every Tuesday in August at 9:00 A.M. PDT. Here's what we'll be covering: August 4th: Setting up Preferences and Items August 11th: Working with Estimates August 18th: Setting up Payroll August 25th: Understanding Job Cost Reports No registration required and it's absolutely free. We will start gathering in the Intuit Ask the Expert Town Hall (http://community.intuit.com/small_business_town_hall) around 8:30 and the session will begin at 9:00. Webcams are permitted and highly encouraged here. If you don't have a webcam, you can always submit a question in chat. Still have questions? I will follow these sessions with a week in our Ask the Expert forums at the end of August. Get more in-depth answers to your toughest job costing questions.

1. Job Costing Series:Setting up Preferences and Items presented by Ruth Perryman, owner of The QB Specialists Certified Advanced QuickBooks ProAdvisors Intuit Solutions Provider www.theQBspecialists.com Sales: 800-707-0940 ▪ Support: 888-351-5285

2. Job Costing Analyze how each of your jobs are doing financially Identify problem jobs as early as possible Identify jobs that weren't as profitable as expected Create better estimates for future jobs

3. Setting up Preferences Jobs & Estimates "Do you create estimates“ and “Do you do progress invoicing” Payroll & Employees “Job costing, class and item tracking for paycheck expenses” Time & Expenses "Do you track time“ and "Create invoices from a list of time and expenses"

4. Customer: jobs Setup a separate job for each job you want to track Enter a customer: job on every job-related transaction You may also want to setup a customer called “Overhead” or “Admin” so you enter a customer: job on all transactions

5. Items Add a service item for every job phase for which you want to track the profitability Check "This service is used in assemblies or is performed by a subcontractor or partner“ For short-term jobs, use a cost of good sold account for the expense account – for long-term jobs select a WIP current asset account Setup other charge items to help manage WIP, customer deposits and retainage