Job Cost Statement (JCS) is the only report that is capable of using QuickBooks (QB) Push/Pull back of data via the PASKR Accounting Integration. This means that as transactions are updated in QB, those values will pull back into the JCS. The benefit is real time Revenue and Cost data from Accounting Department will be directly communicated for the Project Manger to see.
Project Managers may need to update PASKR data to match these values communicated back from QuickBooks to keep the rest of their PASKR values in step with the Accounting Department and the Job Cost Statement.
WHAT ARE SOME OF THE EXAMPLES WHERE PMs WILL NEED TO UPDATE PASKR TRANSACTIONS ?
Purchase Orders – If a discount for early payment to vendor is made on a PO in QB, the PM would need to create a credit PO transaction to keep the rest of the project Budget values in lockstep with Accounting data.
Owner Billing – If an Owner refuses to pay a portion of a submitted Owner Pay Application, this would require the PASKR Owner Bill to be unsigned and edited to match the expected Revenue from the Owner Payment.
With the QB Accounting integration, it is possible that payments that are created in QB will duplicate an existing PASKR Entry. (See the Section Below on how to Delete Duplicate entries.)
HINT: Payments made on the PASKR entry that is Pushed/Pulled from QB will NOT create Duplicates!
HOW DOES THE REPORT WORK WITH THE INTEGRATIONS TURNED ON?
The Primary difference with a QB integration is that much of the information needs to go to QB first and then pull back into PASKR Job Cost Statement. This will cause a delay in the appearance of some items.
The following items will populate in directly from PASKR:
Award Amounts to Subs (.S codes in Projected Cost column only)
Owner Change Orders (OCO)
Subcontractor Change Orders (SCO)
The following items must get a QB ID before they will appear on the JCS:
Owner Billing (Revenue Section on top of Report)
Subilling (in the Cost to Date column)
Timecards (OB Online only, QB Desktop does not offer Pull back capability)
These will not show up as a Cost on JCS until Invoice is PAID in QB:
Purchaser Orders (Traditional POs, under Commitments)
Field Purchase Orders (from Expenses Module)
HOW SOON WILL I SEE MY COMPLETED TRANSACTIONS SHOW UP ON THE JCS?
Routine Delay – There is a delay of up to an hour for some transaction to appear on the JCS. This is due to a combination of the Push and Pull between QB and PASKR and the information copying between databases for accuracy.
QB Connection Active? – Make sure your QB integration for QBD or Web Connector for QBO is turned on.
Check QB Integration Log – Go to Accounting >QuickBooks integration tab in PASKR to see if there are errors or issues with the Transactions you are expecting.
Transactions Approved? Confirm that the Transactions are Approved in PASKR to initiate the send to QB.
HINTS on Specific Transactions:
Purchase Orders and Field Purchase Orders will not show up on the JCS Cost columns until they are PAID via QB.
Subcontractoramounts will not show up on the JCS Cost Columns until Subilling has been submitted.
Labor Costs will not show up on the JCS if you do not have the Timecards Module turned on with your QB Integration. While Timecards is the module most frequently turned off (due to other Payroll methods) this is true of any Module not turned on, such as Purchase Orders or Expenses. For more information on which QB Modules are currently active for you company contact email@example.com
NOTE: Labor Costs for QB Desktop users will be the PASKR labor cost value from Timecards. Intuit does not provide a mechanism for the Pull Back of Labor cost information from QBD.
HOW DO I DELETE DUPLICATE OR INCORRECT TRANSACTIONS?
WARNING: Notes on Duplicate Transactions:
With the normal workflow, PASKR transactions will pass to QB and any updates made to Payment Totals will display in the entry details on the far right. However, if a Payment Transaction is generated FROM QB and pulls into PASKR, you will see both Transactions appear on the Job Cost Statement. In order to keep values in line, the PM will need to delete one of the duplicate entries.
Click the Red Trashcan next to the transaction you wish to Delete
Click on the Restore button to review deleted transactions
Select to Restore an item to the JCS report
Click Restore button next to the item you would like to return to JCS report.