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DIY Phase 1 Survival Kit
Introduction
Course Introduction
Prerequisites
Initial Set Up of Your QuickBooks Online Accounts
QBO - Buying the Correct Subscription (0:52)
The Excel Templates You Need
Configuring Your Chart of Accounts (4:26)
Ongoing Monthly Maintenance of Your Accounting System
Coding Costs as Direct, Indirect or Unallowable
Preparing Timesheets (3:58)
Entering The Labor Distribution in QBO (5:44)
How to Close a Month (So Reports Are Accurate) (5:50)
Running Your Two Key Reports
The Job Cost (aka Backlog) Report (5:40)
The Indirect Cost Rate Report (4:53)
Next Steps
Interpreting Your Reports
Why The Indirect Cost Rate You Propose at Phase II is so Critical
Free Phase II Cost Proposal Support
How to Close a Month (So Reports Are Accurate)
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