If you are reading this because you are still using QuickBooks 2011, you must be aware of the following critical risks:
For contractors who bill based on completion (e.g., 30% complete = $30k invoice), the 2011 version handled "Progress Invoicing." You could create estimates, convert them to progress invoices, and bill clients based on the percentage of work completed or specific draw requests. quickbooks premier contractor 2011
This allowed contractors to instantly see if a specific task was over budget—a feature generic accounting software still struggles with today. If you are reading this because you are
For paving, painting, or drywall contractors who bid by the square foot or yard, this version tracked "Unit Costs." You could see your actual cost per unit (e.g., $0.50/sq ft for paint) versus your estimated cost in real time. : A new feature for 2011, this allowed
: A new feature for 2011, this allowed users to process multiple invoices for the same services at once, saving significant time on repetitive billing.