quickbooks desktop premier contractor edition 2022

In QBO, you can enter a default “cost rate” and “billing rate” for each individual vendor. Billing Rate Levels: allows you to create a billing rate level that can be assigned to one or multiple vendors or employees so when a timesheet is created with the “billable” check mark and the time gets invoiced to the customer, the billing rate level kicks in and overrides the default sales price of the billable item.In QBO the description defaults to the item description Estimates to purchase Orders workflow: it automatically moved the item description from an estimate into a purchase order which saves a lot of time when you indent to send the vendor similar description or instructions that are in the estimate.Update Item Percent Complete: allows you identify the completion percentage of any item in your original estimates so when you pull a “Cost to Complete by Job Report” it uses that as a reference point to calculate projected costs by estimate item.Functionality in QuickBooks Desktop that is NOT in QuickBooks Online The following are a list of features, functions, and reports that work QuickBooks Online still does NOT have.

However, as of today, QuickBooks Online is still lacking a LOT of functionality specific to the needs to the Contractor/Construction industry, specially when you compare what their “legacy” QuickBooks Desktop Premier/Enterprise platform can do. In addition, it’s clear by how they advertise their product that QuickBooks Online is the platforms that most small businesses are moving to (either from QuickBooks Desktop or other competing accounting apps).

“QuickBooks Online is the future” is what many folks at Intuit (makers of QuickBooks) will say when asking about the overall state of software improvements to either their QuickBooks Desktop or QuickBooks Online platforms It’s also common to hear an Intuit employee refer to QuickBooks Desktop as a “legacy” or “old” software.

Quickbooks desktop premier contractor edition 2022