How to enter material in quickbooks6/3/2023 ![]() ![]() I don’t think I want to cross over to using inventory because I would have nearly a year’s worth of invoices etc to convert. I am trying to make sure I am not generating duplicate charges for the same material. Also, when I receive the materials initially, I enter the bill from my vendor. I believe I should create an invoice for the stored materials and transfer this amount to the pay app but I am not 100% sure. However, I still need to produce the estimate and progress invoicing in QuickBooks to keep my books straight. All invoices are done with AIA payment applications so the GC never sees the QuickBooks invoices. I am needing a way of keeping my AIA Pay Apps and QuickBooks invoicing in sync. My General Contractor lets us bill for stored materials used in construction by way of standard AIA Pay Apps. I am unsure of the proper way to handle stored materials. ![]() This question was originally asked on the Intuit Community forums. This causes problems for contractors who need to generate AIA Pay Apps and need to make sure that their books (or accounting data) syncs with their AIA Applications for Payments. ![]() QuickBooks has no built-in ability to handle stored materials, like many of the more costly construction specific software programs.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
June 2023
Categories |