To enter purchases, click Purchase in the shortcut menu, then click on Enter Purchases.
The Purchase entry form allows you to enter non labor costs for a job. Use the Enter Labor Hours form to enter labor costs (labor hours).
You can also enter job costs in the Job Progress form, but only if you are not using QuickBooks integration. See Job Progress vs Purchase Entry for information on when to use the Purchase Entry form vs. the Job Progress form.
To enter purchases, you do not need to enter data for the list of materials purchased. These are already contained in the job estimates. To enter job costs, all you have to do is select the estimate item(s) being purchased, and enter the actual counts and costs for each.
You can also enter purchases for items that were not included in a job estimate. These appear as "extra purchases" in the Purchase Listing report and as over estimate costs in cost analysis reports.
You enter all job related purchases in the Purchase Entry form. This includes items purchased "on account" (for which you have received a vendor or subcontractor's invoice), as well as purchases that you have already paid for by check or credit card.
When you enter purchases:
If Smart Contractor is set up to integrate with QuickBooks (with the option to create purchases in QuickBooks), the Enter Purchases form will create purchase transactions in QuickBooks.
The type of purchase transaction created in QuickBooks depends on the option that you select in the prompt for Payment Method:
See the QuickBooks integration topic for more information on how purchase transactions are created in QuickBooks.
Notes About QuickBooks Integration:
To enter a purchase transaction, follow these steps: |
To Enter a Purchase: |
1. Click the Add button next to the prompt for Purchase (or click "(Add New)" in the dropdown list. |
To Edit a Purchase: |
1. Select purchase transaction from the dropdown list in the prompt for Purchase:. |
Select a vendor, or subcontractor (or warehouse) from the dropdown list in the prompt for Vendor:. The program will list items for the job and allow you to select which ones to include in the purchase transaction. |
To Save Changes: |
Click OK. |
To Cancel Changes: |
Click Cancel. |
To Exit Form: |
Click Cancel to close the Purchase. Click Exit to close the form. |
To Print Purchases: |
Use the Purchases Listing report in the Purchase menu.
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Screen Prompts |
Other than the standard prompts, the Purchase entry form has the following prompts: |
A "purchase" is group of items purchased from a vendor. Typically these would all appear on the same invoice or bill from the vendor (or sub). Select a pre-existing purchase to edit, or click Add to add a new purchase. |
List Button |
Click List to display a grid with purchases for active jobs. The grid has a Search prompt that allows you to search for a particular purchase by entering some search criteria. Click Edit to retrieve the selected purchase. |
Purchase Status: |
Select "Deleted" to delete an existing purchase transaction. Note: If you are using QuickBooks integration in batch update mode, the program will display a message indicating this, and that the invoice in QuickBooks will be deleted when you run the Update QuickBooks Data utility. |
Select the vendor, subcontractor that this purchase (invoice) is from. Note: You can also select a "warehouse" as a vendor. Selecting a warehouse as a vendor allows you to "purchase" from your warehouse, which will reduce the inventory count of products in your warehouse. Please see How Do I... Track Inventory for more information. |
Enter the vendor reference (invoice) number. |
Click to add or open an attachment to an external document. When you click the Add Attachment button, the Attach External Document form will be displayed to allow you to attach to an external document. |
The Select Purchase Items By... drop down box contains several prompts that allow you to select estimate items to purchase. The Select Purchase Items box has the following prompts:
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Purchase Total |
Enter the total purchase amount. This prompt can be used as a way to validate the data entered for the purchase line items. If the Invoice Total that you enter here does not equal the sum of the purchase line items, the program will display a warning message before saving the purchase entry, and a warning will be printed in the Purchase Transaction listing report. |
Vendor Credit |
Check this box if this entry is for a Vendor Credit. Please see How Do I... Enter Vendor Credits for information about vendor credits. |
CC Credit |
Check this box if this entry is for a Credit Card Credit. You enter a credit card credit when you return materials to a vendor and they issue a credit to your credit card. |
Enter the date of the Purchase/Credit. |
Select the purchase payment method.
Depending on the option that you select in the prompt for Payment Method, the form will display different prompts discussed below:
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If you select Payment Method "On Order", the form will display these prompts: |
Select the vendor's payment terms. |
Enter the Purchase due date. |
Select the accounts payable general ledger account to post to in QuickBooks. This defaults to the AP Account selected in the QuickBooks Integration Setup form, but you can change it for individual Purchases.
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If you select Payment Method "Check", the form will display these prompts: |
Select the general ledger account for the check's bank account to post to in QuickBooks. |
Enter the number of the check used for the purchase. Note: To enter a debit card purchase, you should use the "Check" purchase payment method, and enter "Debit" in the prompt for Check #.
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If you select Payment Method "Cash", the form will display these prompts: |
Select the general ledger account for the bank account in QuickBooks from which the cash was withdrawn. |
Check Number: |
The prompt for Check Number will be disabled, and the check number will be set to "Cash".
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If you select Payment Method "Debit Card", the form will display these prompts: |
Select the general ledger account for the check's bank account to post to in QuickBooks. |
The prompt for Check Number will be disabled, and the check number will be set to "Debit Card".
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If you select Payment Method "Credit Card", the form will display these prompts: |
Select the general ledger account for the credit card's account to post to in QuickBooks. |
Enter the credit card charge transaction reference number. |
Select the QuickBooks Class to post items in this purchase transaction to. The prompt for QB Class appears under the following conditions:
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In the grid below, you can enter either the Purchase Count, the Cost Per Unit, or the Purchase Amount of the item to be purchased. If you enter one of these, the program will calculate the other two as follows:
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Purchase Item Grid |
The purchase item grid has the following columns: |
Selected |
Check the box in the Select column to include the item in the current purchase transaction. You can click the Select All button below to check or un-check all items in the list. |
Job |
Select the job for which the item was purchased. |
Item |
Select or enter the name of the item purchased. The list of items in the drop-down list comes from the items in the estimate for the job selected in the Job column.
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Select the item cost category: Materials, Equipment, Subcontract, or Other Charge. |
Purchase Item Description |
Enter a description of the item purchased (optional). |
Product |
Select or add the Product being purchased for the item. When you select a product, the program will retrive information about the product (entered in the Edit Product form), and insert this in the following columns:
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Job Phase |
Select the Job Phase for which the item was purchased. |
Estimated Count |
Displays the estimated item count. |
Estimate Unit |
Displays the estimated count unit. |
Estimated Cost |
Displays the estimated cost per unit. Note:The item quantities and prices that appear in the grid will reflect the amounts entered in the purchase orders that you select. This will not necessarily be the same as the estimated quantities and prices because you can enter the quatities and prices in the Create Purchase Order form. |
Previous Purchase |
Displays the total count previously purchased of this item. To view a list of the previous purchases, click on the cell displaying the amount previously purchased. A "..." button will appear. Click on the "..." button. A listing of the previous purchases for this item will appear. |
Remaining Count |
Displays the difference between the estimated count and the total count previously purchased; the amount remaining to be purchased. |
Purchase Count |
You can enter the count to be purchased in this transaction. If you do, the program will calculate the Purchase Count or the Cost Per Unit as follows:
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Purchase Unit |
Select the unit of the count to be purchased in this transactions. |
Cost Per Unit |
You can enter the cost per unit of the item to be purchased. If you do, the program will calculate the Purchase Count or the Cost Per Unit as follows:
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Hold Back % |
Enter the percent of the purchase payment to hold back (retainage). |
Hold Back Amount |
Enter the amount of the purchase payment to hold back. You can enter either a hold back amount or a hold back percent. |
Purchase Amount |
You can enter the purchase amount for this line item. If you do, the program will calculate the Purchase Count or the Cost Per Unit as follows:
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Billable |
Check the box in this column if this item should appear as a billable item when you create an invoice in the Create Invoices form. This box will be checked automatically, but you can un-check it if the job is a "Time and Materials" or "Cost Plus" contract, and you are entering a cost that you are not able to bill to the customer for some reason. For example, in a situation where some materials were accidentally damaged during installation, you would have to pay to replace them, so you would need to track that as a job cost, but you would not be able to bill the customer. |
Purchase Complete |
Check the box in this column if this item has been fully purchased. Leave unchecked if more of the same item will be purchased. |
Taxable |
Check this box if the purchase item is taxable. The taxable status defaults to the taxable status set for this item in the job estimate. Changing the taxable status here will not change it in the job estimate. |
Cost Tax % |
Displays the amount of sales tax that you have to pay for this item. You can edit the cost sales tax percent |
Sales Tax |
Displays the amount of sales tax calculated for this item based on the Purchase Amount and the Cost Tax %. |
Total Purchase |
Displays the total amount of the purchase: Purchase Cost + Sales Tax. |
Sub-Item Of |
Select the group item under which this item should be added in the job estimate (if this item is not in the estimate). |
Check the box in this column if this is an Allowance item (if this item is not in the estimate). |
Select or add the change order under which this item will be reported. |
Purchase Note |
Enter a note to record on this purchase line item. |
Enter a note to appear on the customer's invoice (as an "Item Note"). |
Enter a note for the internal (confidential) job journal. |
The rest of the prompts on the form are:
Click Select All to select/un-select all items in the list. |
Enter any notes to appear in the QuickBooks purchase transaction "Memo" field. |
Purchase Total: |
The Purchase Total prompt displays the sum of the selected line items. |