In this episode of BDR's Prime Resources Podcast, Lead Accounting Coach Lauren Woodward discusses the Profit and Loss by Job report in QuickBooks®. She explains its significance in job costing, performance indicators, and real-time insights for contractors.Follow along as the conversation covers accessing the report, the differences between QuickBooks® Desktop and Online, and best practices for reviewing the report.Listen as Lauren emphasizes the importance of having an accounting coach to help implement and utilize this powerful tool effectively.Time Stamps00:00 Introduction02:06 Overview of the Profit & Loss by Job Report03:24 Benefits of Using The Report05:32 Reporting and Prime Performance Indicators10:05 Accessing the Report in QuickBooks®13:26 Incorporating into the Month-End Process15:50 Who Should Be Involved in Reviewing Reports17:08 Common Pitfalls and Best Practices19:57 Final Thoughts and Implementation Tips

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