This beginner-friendly course teaches you how to use QuickBooks to manage the unique accounting needs of a construction business. You'll learn to set up projects and phases, handle customer deposits and retainage, record job costs, and use progressive invoicing to bill clients. The course also covers billable expenses, work-in-progress (WIP) accounting, and year-end completion entries, with hands-on "Your Turn" exercises to practice.
You’ll learn how to…
Set up projects and phases
Build project estimates with phases
Handle customer deposits and down payments
Set up, apply, and release retainage
Record job costs and run job costing reports
Use progressive and progress invoicing
Bill customers for billable expenses
Record split payments and vendor bills
Manage work-in-progress (WIP) accounting
Make year-end completion and correction entries
Practice with hands-on exercises
This class is included in all of our training plans
Self-paced
All training plans include instant and lifetime access to this course.
Next live class · with Ericka Otero
Jun 29, 2026
Mon · 1:30 PM CT
Course Content
28 lessons · 4 hands-on exercises · 1 hr 5 min
Intro to Construction1:36
Projects & Phases Setup0:53
Project Estimate with Phases2:47
Customer Deposits/Down Payments4:33
Apply Down Payment to Invoice3:42
Reconcile Customer Deposits4:43
Progressive Invoicing
Estimate History & Linked Transactions
Retainage/Retention Setup
Apply Retainage1:41
Release Retainage2:35
Record Job Costs6:51
Job Costing Reports3:27
Third-Party Checks
Set up a Clearing Account1:20
Record a Split Payment2:22
Record a Vendor (Supplier) Bill4:38
Billable Expenses4:52
Bill a Customer for Billable Expenses
Regular Estimate (Not Project Estimate)4:59
Progress Invoices (Standard Method)2:07
Job Costs (Entered Normally)2:02
Work In Progress (WIP) Accounting
Prior Year Correction Entries3:58
Current Year Final Completion Entries1:59
Current Year Activity3:31
Draws with Fixed-Price Estimates
Your Turn Solutions: Construction
Learner
Training only
1 user
$899.95
$599.95
30-day money back guarantee
Lifetime access to all included training
This course + 35 other courses
Live classes every weekday
Hands-on exercises
All future course updates
Optional Live 1-on-1 Help continues at $50/mo. Cancel anytime.
Most Popular
Certification
Training + Certification
1 user
$999.95
$699.95
30-day money back guarantee
Lifetime access to all included training
Everything in Learner
Training for all 7 certifications
7 QuickBooks certification exams
Practice exams and test prep
Optional Live 1-on-1 Help continues at $50/mo. Cancel anytime.
Team
Team Training + Certification
2-5 users
$1,799.95
$999.95
30-day money back guarantee
Lifetime access to all included training
Everything in Certification
Up to 5 users included
Certification for your team
Team progress tracking
Optional Live 1-on-1 Help continues at $90/mo. Cancel anytime.
