This 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
Aug 24, 2026
Mon · 1:30 PM CT
Course Content
28 lessons · 4 hands-on exercises · 1 hr 38 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 Invoicing5:07
Estimate History & Linked Transactions1:41
Retainage/Retention Setup2:11
Apply Retainage1:41
Release Retainage2:35
Record Job Costs6:51
Job Costing Reports3:27
Third-Party Checks1:12
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 Expenses5:01
Regular Estimate (Not Project Estimate)4:59
Progress Invoices (Standard Method)2:07
Job Costs (Entered Normally)2:02
Work In Progress (WIP) Accounting2:17
Prior Year Correction Entries3:58
Current Year Final Completion Entries1:59
Current Year Activity3:31
Draws with Fixed-Price Estimates8:28
Your Turn Solutions: Construction7:24
What learners say about this course
“The lessons are clear and practical. The examples help understand how QuickBooks can be used in real construction scenarios.”
Kyla chelsyre M.
“Thank you for providing such valuable training.”
Guiselle B.
“Pretty much everything. I had no experience bookkeeping prior to this or using quickbooks, so this course taught me everything I needed to know to be successful.”
Mia T.
“Allowed me to get more advanced look into the specific type of work that I wanted to use quickbooks for.”
Anthony C.
Learner
Training only
1 user
$899.95
$599.95
30-day money back guarantee
Lifetime access to all included training
This course + 40 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.
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Certification
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$999.95
$699.95
30-day money back guarantee
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Everything in Learner
Training for all 17 certifications
17 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.