Question

Job Costing with Salaried Employees

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We have 3 employees --- 2 salaried and 1 hourly. We use T-sheets to track hours on jobs, and for our hourly employee I can run a job costing/profitability report and see their hours. However, I would like to account for the 2 salary employees with job costing, using the time sheet data and a set rate. Basically, how to do I take that time data, signify a rate and have it show up on my job costing/job profitability without having to go through payroll? Without this information, we are missing a HUGE part of the picture of the business.

QuickBooks Desktop

BigRedConsulting

There is no rate associated with time, so you can't add a rate.

However, for Salaried employees, if you list the Salary item multiple times for Job Costing and/or Class Tracking reasons (just as you do for hourly employees), QuickBooks will automatically split the salary amount based on the number of hours for each earnings line item.

It works basically like an hourly employee only instead of multiplying an hourly rate by hours worked, it splits the total salary by hours worked.

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