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Buy nowNo, we need our estimates to be on the reports as well, and compare those numbers to the numbers reported in costs for each job. Our Projects use items, and not expenses. Everything goes to Construction in Progress, we have to account for those projects as assets. The costs do not go into Cost of Goods Sold until the home sale has been closed on, then a journal entry to move the entire cost of the job from Construction in Progress into Cost of Goods Sold. We need to compare estimates for a job to the itemized costs of that job.