We WILL be using QuickBooks desktop CONTRACTOR edition. My question is this:
The company owner wants to be able to get report of Profit & Loss for each project, but also wants to track operating cost of trucks/equipment used. Note - Many vehicles and equipment are leased, or rented.
A consultant, who I question is really as knowledegable as she claims at least as it pertains to QB, has told the owner that by using classes he can get all this. I have not used classes in QB but have viewed several videos on this and don’t see how it is going to get the owner the information he wants. Maybe I'm just not getting it, so that's why I am here.
The owner desperately wants to get a handle on how much each truck / piece of equipment costs him to operate, but also wants to know the costs on each as it relates to a particular project.
We know the factors that have to go into figuring out an hourly cost. Whether this can be done in QB or not, I am not aware. And if it can be, how, and also how do we apply this to a particular project?
