The Job Profitability Summary Report (Reports>Jobs,Time & Mileage>) is a great report which will give you a total cost, total revenue and the profit ($ Diff.). Anyone looking to do Job Costing will find this report very helpful, that is unless you use the Inventory Adjustments function and assign it to a Job.
For whatever reason this is one transaction which has been left off of this report and will give you numbers that do not tie out to another Job Costing report P&L by Job. I am not certain of the reasoning behind this (I am sure there is one …
) and I do not think it is a bug since this has been an issue since at least 2006, but if you are a business owner which does take into account Inventory Adjustments to see total profitability on a Job keep this in mind.
Luckily the P&L by Job will give you the correct numbers, or in the case of some of our clients we were able to create a report using Crystal Reports and the ODBC connection (QBE only) which mimics this report fairly well.
If you have this issue feel free to contact us!
About Alex Flores
Alex started with Presti & Naegele in early 2009. He has held the ProAdvisor Certification since 2008 and just recently became eligible and passed his Advanced Certification. Alex has worked as a full charge bookkeeper for over 10 years and began his QuickBooks training career in 2003.
