How QuickBooks Makes Tracking and Billing for Time Easy, Part 2

This is part one of a three part series. Tracking, paying for, and invoicing time in QuickBooks is a big topic. Too big for one post. The first post will cover entering time transactions in QuickBooks, the second will address how to invoice or charge for that time. The third will focus on paying employees or vendors for performing the work.

Invoicing for Time

The time is entered. We did that in Part 1. Now we just need to invoice the customer.

Before we do, there’s one preference setting that should be shown.

   Preferences for invoicing

The “Prompt for time/costs to add” setting pops up the Add Time/Costs window whenever an invoice for a customer with outstanding time or other billable expenses is started. Otherwise, a simple click of a button will call up our list of available time and other charges.

invoice add time costs button

The Add Time/Costs button is pointed out in the above screenshot. This is how the invoice form will look in Quickbooks 2013 or 2014. In QuickBooks 2012 and earlier, the icon is in the lower part of the invoice form window.

Once the Add Time/Costs icon is selected, the following window opens.

 

Choose Billable Time and Costs

The four tabs can be seen across the top. The one for time, since that is the subject of our post, is the one selected. All the billable time that has not been previously invoiced for this customer is listed here. Checking off the individual time entries will allow them to be added to the invoice.

Also note the checkbox in the lower left-hand corner. All the entries we select can be shown on the printed or emailed invoice as one line item. Even if that selection is made, they will still show in detail on the screen.

Additional parameters are available if the Options button is selected. For instance, we may want to combine time entries, but only for the same service item. Should notes from the weekly timesheet be carried over into the invoice, and similar options.

If all of Gregg Schneider’s time is selected in the Add Time/Costs window, this is how the invoice will look:

 

invoice with time

Without any additional manual entry, all the time is on an invoice ready to be sent or mailed to the customer.

Next post, how does Gregg get paid without having to enter the time information again?

Hector Garcia, CPA
Certified Advanced QuickBooks ProAdvisor
12401 Orange Drive #136
Davie, FL 33330
954-414-1524
hector@garciacpa.com

Hector Garcia

Hector Garcia

Hector Garcia is a CPA and QuickBooks Consultant.
Share on linkedin
Share on facebook
Share on twitter
Share on whatsapp
Share on email
Share on print

Use our link to get 30% off for a year, valid through 07/31/2022

Leave a Reply

Your email address will not be published.



Popular Courses

Private QuickBooks Training onsite

Customized Training

Accounting & Bookkeeping Services

Video-Based Virtual QuickBooks Course

Share

Share on linkedin
Share on facebook
Share on twitter
Share on whatsapp
Share on email
Share on print

30% Off QuickBooks

Use our link to get 30% off for a year, valid through 07/31/2022