Quickbooks Estimate vs. Actual Report - Tutorial for Home Builders Video

The estimate vs. actual details report is one of the most useful cost reports in Quickbooks for home builders - by Evan Hutcheson, CPA, LLC (http://www.evanhcpa.com)

In the video above, I go over a case study of a job done by a home building company, using the actual numbers. The report I’m using for the case study has some flaws in it, and so I wanted to use it to demonstrate how you can catch such flaws and use the Quickbooks estimate vs. actual report productively.

The estimate vs. actual report can be used for a variety of industries, but my case study is specific to home builders. The services shown in the report are listed sequentially from first to last in terms of when they need to be performed. So it starts with pre construction—including planning, building permits and access to utilities—then moves on to excavation and through all of the steps and materials needed to build a home, including landscaping and clean up.

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You might like this video too:
http://www.youtube.com/watch?v=FwVOiitfYIo

You can see an example of an estimate vs. actual report here: http://www.smartcontractor.com/help/Content/RptActvsEst.html

Quickbooks
Estimate vs. Actual Report
Quickbooks Tutorial for Home Builders
Accounting for Home Builders
Accounting for Contractors

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