Patriot Prime Reviews is a channel for adult collectors and may not be suitable for children under 13 years of age. Viewer discretion is advised. Hey, what's going on guys? Patriot Prime here once again with another video review. But before I get started, I need you guys to do me a favor. If you're watching this video right here and are not a subscriber to Patriot Prime Reviews, please hit that subscribe button right now. It won't cost you a thing but will help me and my channel out tremendously. Also, make sure and check out my sponsor toyhacks.com. Toyhacks provides label sets, upgrade kits and display backdrops for transformers toys of all types and generations. New for 2020, Toyhacks is introducing the Toyhacks Armory where they'll be offering a variety of weapons for your favorite bots in multiple colors. Also this year, Toyhacks is introducing Robo Points. For every purchase you make, you'll earn Robo Points that you can redeem towards a voucher for future purchases. Toyhacks is a company run by collectors for collectors, so check out Toyhacks.com and make your collection stand out from the rest. And tell them Patriot Prime sent you. Now, on to the review. The featured bot in this video is so large that I had to have my son help me review it. And that bot is Transformers War for Cybertron Earthrise. Ah, the box is upside down. Shoot. Geez Dad, I thought you were a professional. I am a professional. Leave me alone. So anyway, here is the box for Transformers Earthrise Scorponok. It is huge. And this thing is heavy. There is some weight to this Transformers figure. And I'm so strong like it, I don't even know it's heavy. He's been eating these vegetables. Now, originally I had this figure pre-ordered from Amazon.com, but Big Bad Toy Store announced over the weekend that he was in stock. I placed an order Saturday and it got him today Thursday. So thank you Big Bad Toy Store. Now, taking a quick look at the art on the packaging. You've got Scorponok there in robot mode taking on both the Autobots and Decepticons. We've got Optimus Prime there in his claws. We've got Bumblebee and some other bot running into the rescue. We've got Double Dealer up here coming in for the attack. And what I find odd on the side here, you've got Megatron opening fire on Scorponok. So I'm really interested to see what his storyline is, but I love the artwork on that package. This side, of course that's Megatron once again. On the back of the box, you've got Scorponok in city mode, scorpion mode, robot mode. And something new for this character is he's a double head master. You've got Lord Zarek and Little Zarek. And here on the other side, you've got some more of that wonderful Transformers War for Cybertron Earthrise artwork. So Dylan, are you ready to get this monster of a Transformer out of this box? Of course dad. I didn't think there'd be any issues, so we'll get him opened up and pulled him out. He is in there. Pretty tight. Very tight.  Now he does come with a sheet of instructions, or should I say a poster of instructions. That's a lot of instructions right there. And one of those planet maps. Now taking a look at Scorponok now, there he is inside his inner packaging. You see he's got no head, so I'm assuming the head is right here in this little box. And it looks like you have to put him together. There's the tail section right there. And it looks like there is the blast effects. So now without further ado, let's go ahead and get this figure completely ripped open out of the packaging and take a look at him. And welcome to Patriot Prime Reviews. We'll start things off by looking at Scorponok's headmaster partner Lord Zarek. And I love the looks of this figure. He is G1 through and through. You take a look at the new Lord Zarek compared to his Generation 1 counterpart. And that is awesome. That is a great homage right there. Same sculpted detail and same paint applications. I'm really impressed with Hasbro on this one. Taking a closer look at the head sculpt. It looks great. Lots of detail. I love the painted red eyes. The face sculpt looks great. That's just awesome. Now he does have these real big antenna sections that are attached to his arms. Now you can leave him like so. Or you could flip them around. Kind of give him a more angled look.  And there is a tab right there that slots into this section right there on his back. So peg that one in. We'll take this one off. And peg that one in. And now he's a little bit more streamlined looking more like a regular headmaster. Now articulation for Lord Zarek. The head can do a, well, no it can't. He's got these shoulder pylons. He can't really do a 360, but he can turn slightly. Arms can go up and down all the way around. They're going to kind of have to manipulate him because of this arm panel. He also has a bicep swivel, bicep bend, a double bicep bend actually. And no wrist rotation. He does have waist rotation. And the legs can go up, down, in and out. Has a knee bend and ankle tilt. So lots of posibility for this headmaster figure. Also another bonus. His head transforms into a smaller version of him. So this little one does not have a name. So I'm just assuming this is Lord Zarek as well. This is the real Lord Zarek. That hooks into that robot body Lord Zarek. That hops into Scorponok. But this one right here, this is your basic Titan Master. Almost looks the same as the bigger robot. The same collar scheme. I like the fact that they at least gave him a red visor. And here he is compared to the Scorponok exclusive from a few years back. So that looks pretty good. And if you happen to have this guy, we'll transform him back into the head and pop him on Zarek's body. So you can have a body for your Titan Master Scorponok. So it's an option. It's something you can do. So let's go ahead and remove that head. We'll put back on the other. Oh yeah, articulation.  They can go up and down. Not a complete 360. It's stuck on the backpack. And a little bit of articulation there. So he can sit down. So we'll go ahead and fold that back up into head mode. And now for some quick size comparisons. Here is Lord Zarek with Generations Selects Exhaust and the War for Cybertron Siege Netflix Megatron. And go ahead and get this guy transformed into the head of Scorponok. So the first thing you want to do, is go ahead and remove the antennas. You're going to fold the fists in. And there's this little section right here, this little purple section. You want to flip this up. And you're going to bring the arms all the way up to where that little peg is going to fit into that little hole. Snap those in. Now bring this section up like so. On the back of the figure, you're going to bring this whole section up and out. You can actually reveal Scorponok's face. And now it's just a matter of getting everything mashed together. You want to bring the arms all the way in. They'll collapse into the body. So you have that going on. Then you're going to bring the legs. Peg the legs together. Make sure the feet are straight. And then bring the legs down. Fold those into the head. And now you've got these pegs right here. They're going to slot into the holes in the bottom of his feet. Get everything lined up just right. Squeeze together. And there you have the head of Scorponok. We just add the antennas back. They'll peg in right in those holes there. And there we go, the head of Scorponok. He actually transforms into a pretty tight, compact head. He can't tell. He's a robot whatsoever unless you look down here, of course, at the neck. But all in all, that is a great head sculpt for Scorponok. And an extra little bonus, if you take this section here and lift up, you can see he's got green optics underneath. So that is really cool. And if you so choose, if you get a Phillips head screwdriver up and under there, we take that off and have Scorponok with his green eyes showing. But Scorponok was always shown with a red visor, and that's how I'm going to leave him. So now let's take a look at the main figure himself, Scorponok in city mode. Now here we have Scorponok in city mode. And I laid down a tape measure so you can see that he is actually 32 inches long. So he takes up a lot of space. And I actually have attached grease pit and astrotrain to him. And he fills up my entire table. This table is four foot. The one thing that really impresses me with Scorponok city mode other than the size is how well it homages the original generation one toy. The city looks almost identical to that 1987 classic. Right down to the same color scheme, the layout, the towers and the shield back here. I do wish it had more battle master ports. I think it should have ports all along. As you can see, I've got battle masters. Well, the weapons anyway, ports right there here on the sides and down here on the bottom. He's also missing his repair arms and elevator. And really, the city mode doesn't have any gimmicks. I know the Fortress Maximus toy had electronics.  This city mode really doesn't have anything. Another thing that's disappointing is with the towers here.  The tower is made from clipping this section here or actually pegging this section here into the guns, the double barrel cannons. So that's how you make a tower and then you attach it to the arm. You can, however, just take the tower off and attach it to the arm like so, but there's nowhere to put the blaster.  So now let me take my camera down and we'll give more of a sweeping up close view of Scorponok City. Now, as we move in closer to the city mode, I do want to apologize for the camera. I'm going to try my best to keep it steady. But as you can see, tons and tons of molded detail. This thing looks great and the paint applications are fantastic. Though I can see a lot of spots where toy hacks down the line can really add some more details to this guy. Now, as I said earlier, I wish there was more battle master ports. The ones up here, I'm not sure if these are really ports or just screw holes, but it works. It's a little tight fit, but I can get my battle masters in there. There's one little section right here. You got some pegs for a Titan master to stand. And this base mode really works well for the micro masters and battle masters. I love this little idea I came up with with the Slytherfang turrets. Looks really cool. Now, as I showed earlier also the ramps can connect to some of the other bases. I've got a gas station grease pit attached to this end and of course astrotrain attached down there. I do wish there was more access ports for other bases like down here on these flaps. Now also, I wish he came with his radar dishes. The original generation one Scorponok toy had four radar dishes, but I can definitely foresee a third party company coming up with those. But still, I can't complain that much about this figure. It's massive, takes up a lot of space and looks really, really good. I wouldn't mind keeping him displayed like this if I had the room. But for me, all of my bots are in robot mode. Now I've got exhaust here, a deluxe size vehicle, which works. I mean, he fits on the ramp, but I think the micro masters and battle masters work much better with this. Now the city mode does have a little storage area right here. Let me remove these battle masters. If you open this flap right there, and this is really cool. Look how this blends right in underneath that flap blends right into the tower. You have a little area where you can put Scorponok's head. So you just pop that in there, shut that up, and we're good to go. But that's not a cavity that actually gets Scorponok's head out. That's actually a big hole. You can probably see the bottom of the table right there. So it just goes right through the figure. Got the scorpion legs there in the back, the exhausts. I love this thing. This looks awesome. It's just a couple minor nitpicks, some wishes that I have. But still, this thing is fantastic. Now let's go ahead and take a look at Scorponok in Scorpion mode. And I do apologize for not transforming this guy. There's just no way I could do it on camera. Scorponok's Scorpion mode is amazing. Another great homage to the original Generation 1 toy. This thing is huge. This thing is heavy. And it is just absolutely awesome. It's got nice articulation down here on the legs. The legs are actually articulated. There's four legs, but they're actually hooked together. As you can see, they've been there at the knee and they're on the toe. So you can kind of spread the legs out if you will. You can bring them in close to the body. Or I like to have mine a little bit more spread out. Now he also rolls. There's wheels underneath. See if I can show this off. There's a big wheel there and two wheels right here. Now, as you can see, there is Scorponok's robot head. Just like Generation 1, the Scorpion head is just behind the robot head. But it's actually really cool how they use it.   So you've got the antennas that are now the mandibles. You've got the red eyes. And I guess that could be the mouth of a Scorpion. So, you know, you use your imagination. Going back to the articulation of the figure, the Scorpion arms can rotate there at the shoulder. They can rotate there at the bicep. The claw can go in and out like so. Of course, he can pinch and the little tips of the claws also have articulations. That's really cool. You've got the dual cannons that mount up here on the shoulders. Another issue, I wish he had four of these dual cannons just like G1. That way you could peg them on the shoulders like shown here or peg them on top of the Scorpion's back just like Generation 1. Generation 1 had two on each shoulder, two on the back. We'll go ahead and put these back on the shoulders where it belongs. Let's see, you've got the Scorpion tail. The Scorpion tail has articulation. It can move around. It can strike. It can pop apart if you're not careful. Now, that right there leads into an issue I saw on some other reviews where the tail just doesn't seem to peg in. Mine pegs in really good. I've seen a few that the tail just flops off mine. I mean, I had some force to it when I knocked it off a while ago. But honestly, it stays in really good. Scorpion mode pegs together very well. Now, Scorponok did come with a few other accessories. These three blast effects, they're all hooked together into one. And unfortunately, this is the same blast effect that came with Jetfire. Now, granted, it's a good blast effect, but I wish they gave us a different color of it. Because once you attach it to Scorponok's tail here, it just kind of blends in with the orange of the tail. I wish it was red or maybe purple, but just another small nitpick. Another thing I really like about Scorponok Scorpion mode is this mode has plenty of battle master ports. You've got battle master ports here on the back. You've got battle master ports down on the claws.  If you have plenty of these weaponized battle masters, you even have a battle master port up here on the Scorpion tail. So that is cool. He can arm up better in Scorpion mode than he can in city mode. Now let's bring the camera down for a closer look at Scorponok's details. Once again, Scorponok has some fantastic moldy detail throughout. This figure is just amazing. I love the paint scheme. I love all the panel lining. I mean, this guy is awesome. Closer look at that head sculpt once again. I wish the antennas could extend a little bit more to give him more of a mandible look, but hey, it still looks really good. And another thing right here, open this section up, is a little pilot area for Zarek or the mini Zarek, if you will. And that way he can pilot Scorponok into battle. Put that right back into place. And there we go. All in all, a fantastic Scorpion mode. And I could be happier. Now let's get Scorponok transformed into robot mode. And now we have the icing on what I consider an already delicious cake. Scorponok in robot mode.  This guy is a great homage to the generation one's robot mode, the generation one Marvel comic interpretation, and the cartoon. I couldn't be happier with Scorponok's robot mode. He looks great. Fantastic paint applications. The color scheme is perfect. And surprisingly, this guy has pretty good articulation for such a big figure. I mean the arms, they almost can do a complete 360. They will hit the backpack back there. And they are at a slight angle. You'll notice when the arms go up, they kind of veer off that way. His arms can go up and down. There is an elbow bend and an elbow rotation. And I love the ratchets. Of course, as I showed in Scorpion mode, the claws go in and out. And with the finger like this, you can actually make him point at you. So that's pretty cool. He has a waist rotation, if I can get him here. Waist rotation, and the legs up, down, in, out, all around. He's got a knee bend and ankle tilt. I love this guy.   The head just pops on. You really don't have to have the minifigure in there, but there is a little cavity for him to fit in. One issue, he's got this collar that for some reason pops on and off way too easy. So I don't know what the exact purpose of the collar is.  And it does rotate, but that's on a really tight joint. So really cool right there. As I said, I couldn't be happier with the guy. I think he's really impressive. And another really cool thing is on the back of the figure, he's got his tower piece, which can double as his shield. You can pop that off, and then down here on the legs, he's got these other tower pieces, pop those off.  But once they're together like so, you can attach it to the shield piece. There's four pegs right there that line up to these four holes. Put that in, and there is Scorponok's massive shield with pinchers. That's pretty cool. And then you just simply attach it to Scorponok's forearm here, if I can get it. There we go. And now we have Scorponok all armed and ready for battle. And now for some quick size comparisons, here is Transformers War for Cybertron Earthrise Scorponok with Generation 1 Scorponok. Now another item I'd like to add to my wish list of accessories that I wish the Earthrise Scorponok came with would be a orange blaster. But if you happen to have a War for Cybertron Siege shockwave, Scorponok can actually wield shockwave in gun mode. So for any of you third-party companies or 3D printers, right there is your size comparison for a proper orange gun for Scorponok. Also, while Scorponok is there with his Generation 1 counterpart, take note of the paint applications on Earthrise to the sticker details on the Generation 1 figure. Spot on. Great job, Hasbro. Here we have Earthrise Scorponok with Generation 1 Fortress Maximus and Titan's Return Metroplex. I do appreciate the fact that Scorponok is smaller and bulkier than the very anorexic looking Metroplex. So, does a Transformers War for Cybertron Earthrise Scorponok belong in your collection? Absolutely! Absolutely, this is a fantastic figure. I absolutely love it. It is Generation 1 through and through. Great playability, great poseability. As you can see, I've got mine holding a Megatron and Optimus Prime in a pretty sweet looking action pose. The only real complaints I have with the figure is the fact that he didn't come with accessories that I thought he should, like a giant orange handgun, radar dishes, a new blast effect, but other than that, I've got no complaints. The guy is awesome. Even the headmaster, Lord Zarek, a great figure. So, if you see this guy on the shelf or have the opportunity to buy him online, do it. You're not going to be disappointed. Now guys, I also want to give each and every one of you a big shout out and thank you for all the messages and support and worries for this little fella right here who last week had to be airlifted to Roanoke, Virginia due to the fact he fell off some monkey bars and cracked his head pretty hard. Thank you. So, really appreciate all the well wishes. We lucked out. We didn't have to stay in the hospital. He was able to come home that night. But he gave us a scare and he at least got to ride in a helicopter. What'd you think of that? Terrible. It was terrible. Well guys, that's pretty much it for my very long review of Scorponok. Don't think for a minute that I did a long review like this and there was not some bloopers. You can see those bloopers right here in the link above. It's going to be unlisted. You can only see them through this video. They're bloopers with me and Dylan. If you enjoyed the video, don't forget to like, don't forget to subscribe and don't forget to click that bell icon to get notified when I upload new reviews. Once again, this is Patreon Prime. Signing out. Hula!


QuickBooks Online 2023 Progress Invoicing Example Number One, Enter Project Expenses and Progress Invoices. Get ready to earn the skills needed to boost your bank books on up with QuickBooks Online. Here we are in our QuickBooks Online Test Company file. We started up in a prior presentation. We also have open in and incognito window the free sample company file. If you want the two open at the same time, we suggest using incognito window, which you can open if using Google Chrome by selecting three dots in the browser. New incognito window typing into the search engine. QuickBooks Online Test Drive looking for the result that has Intuit.com in the URL. Intuit being the owner of QuickBooks. The sample company being useful, allowing you to enter data into the sample company to test without having to put that into our test company file on the left hand side. And it allows us to look at the differences between the accounting view, the one that our test company file is in, and the accounting view, the one that the sample company is in. If you want to be toggling back and forth between those two views, go to the cog up top and then switch the view down below. Now I'm also going to be opening up a few tabs to put our financial statement reports in. Now that we have data in them, I generally do this every time I right click up top, duplicate the tab so that we can open one of the support accounting instruction by clicking the link below, giving you a free month membership to all of the content on our website broken out by category further broken out by course. Each course then organized in a logical reasonable fashion, making it much more easy to find what you need than can be done on a YouTube page. We also include added resources such as Excel practice problems, PDF files and more like QuickBooks backup files when applicable. So once again, click the link below for a free month membership to our website and all the content on it favorites. Then I'm going to right click on it again, duplicate it again. I would like to open up the balance sheet and the income statement back to the tab to the left reports on the left hand side and then I'm going to go to the balance sheet and then I'm going to put this from let's say 070125 to 123125 running it. And then on the right hand side, I'm going to go to the reports again. This time the income statement or profit and loss report close the hand boogie change the range 070125 to 123125. I would like to see this by month. So I'm going to break it out by month and then run it. By the way, if you're in the business view, the reports are located in the business overview on the left hand side. And then the reports on the left hand side balance sheet and the profit and loss reports located there. So last time we said that we have our project that we set up. We made an estimate for the $100,000 project. And then we basically sent out the prepayment that we used the process billing for at the 10% or $10,000, even though we hadn't done any work at that point in time. So now we're going to continue with this process and we're just going to be billing as we schedule as we told the client that we're going to be billing. And we're going to be recognizing the costs on the job as the cost of the job come up. And we're not going to worry about the revenue recognition kind of a disconnect type of thing between the two, although we'll point it out. And then we'll in a second presentation, we'll get into some more detail on what we might do to remedy that situation. All right, so let's go back on over. We're going to say, okay, I'm going to go back to the first tab. And we've been working within our projects over here. So we set up our project number one. Let's go into project number one. And then let's pretend that our first, our second month has happened. So we're going to say in month two, that's when the job actually starts. And we're going to say that let's not highlight this side. We're going to say that we have 1318 in actual costs. So let's put those into the system. So we're going to say, all right, normally that would be like an expense type of form that we would be paying for stuff. Usually we would have multiple expense forms that we would be paying to multiple vendors that would basically be grouped or categorized under our main buckets when we have a project or job of overhead materials and labor. But I'm just going to kind of group it into one. I'm going to make a generic vendor that's who we're paying. And I'm going to say that the payment account. I don't have my cash account set up. So I'm going to set up a cash account. So if you don't have a cash account here, I'm going to say add account. And this is going to be a bank account. And I'm going to make it my checking account. So I'm just going to call it checking. And then I might just put like the last four digits of a of the checking account number or something like that. If I had multiple accounts for internal accounting purposes, but I'll keep it at that. So I'm going to then save it. So there's our payment account. I'm going to put say that this happened on the second month. So I'm going to say 081525 because we're working in 2025. I'm not going to put a tag. I'll put project one on all of them to track the tags. And then I'm going to say that we could do it by category now. And this would assign the expense to a category, which if it was for a project, you would expect it to be going to like a cost of goods sold category or a work in process kind of category. But oftentimes we assign them by items because the items can can help us to assign things out, help us to purchase things like the material and possibly allow us to pull the items over to an invoice if we're using that billable component. So we've already set up the items. I'm going to put in the generic items of materials. I remember you normally you would have multiple kinds of materials you might be purchasing that would then be going to the account of, you know, materials as a general bucket of expenses, which would be a cost of goods sold type of account or something like that. But I'm going to group it into the generic bucket of materials. I'm just going to make three items that add up to that 13 amount. So let's say that this was 6000. I'm not going to make it billable. So I'm not going to make it billable. This customer job would be there if we made it billable, but I'm not going to this time. We'll see that later. I will assign a class to it, allowing me to break out the income statement by class, which is nice. And then I'm going to say that we want labor. This is another item that we set up, which will be basically going to the cost of goods sold account for the labor. I'll make this at 4000. I'm not going to make it billable. Therefore, we don't need a customer or project. We'll talk about that later. This also going to job number one. And then I'm going to say overhead, which is the item we set up before the three main buckets. And I'm going to say that this is going to be for the difference, which is 3018. So 3018. Not going to make it billable. Also going to job or class number one. So the total adds up to the 1318. This is an expense form, decreasing the checking account. The other side being assigned by these items, which are going to basically going to go to cost of goods sold. So I'm going to say, all right, let's save it and close it and check it out. So now we have the costs assigned to our project in our project summary over here, net profit. So basically a little income statement within our project, which is great for that individual project. But I would also often like to see the projects kind of together or an income statement broken out kind of by project. So I could then go up here and say, let's look at my balance sheet. I'm going to run it again. Notice if I could hit the total here and run this by classes. And it gives me a breakout of the class over here, but not all the balance sheet accounts will be broken out by class right now. We just have basically the net income that's being broke out by class. So then if I go over here and then I say run this again. So now we didn't recognize revenue, but we have the expense, which is now being happened. The expense happened in August and we just assigned it to cost of goods sold because those are going to be expenses for the job. Now notice if you're doing a percentage of completion type of thing or you might put the traditionally you would put the costs into like work in process on the balance sheet. And then, you know, expense them. But if we're doing a percentage of completion, we might basically expense them as they happen and then recognize kind of a percentage of the revenue. Also, you might break out the cost of goods sold through multiple categories of cost goods sold cost goods sold for labor cost goods sold for overhead cost goods sold for materials. But we're just going to group everything into cost of goods sold here. So there's going to be our revenue that has been recognized. Now note that I'm going to right click and do another. I'm going to duplicate this again. Right click and duplicate. I'm going to close up the hamburger over here and note that we can also hit this dropdown and break it out by class. So if I break it out by class, run it. Now I've got only one class right now. But if I had multiple classes, this could be quite useful because it's going to it's going to give me not only the information per class, but also the total on the right hand side, which so that those classes are redundant because we already have it in projects. But the ability to break everything out by class can give me a double check on the numbers and can run a nice report that breaks everything out by classes. Now if you don't have the capacity to use classes or you're using classes for something else already, you could do a similar thing with the tags. So I can go to the tags over here. And so now I've got my project here, but it doesn't give you that nice total at the end. So it's kind of similar tags are like a little bit let a tear down from from doing similar functionality as the classes. So so if you don't have capacity because you're in a lower software that doesn't have the classes, you can try to use the tags in kind of a similar format. Or if you're already using classes and location tracking, then you might use tags for like a similar kind of thing. All right, so then I'm going to go back to the first tab and let's imagine now now note that if we recap things here, the way we got that 100,000 estimate was probably something like we estimated the cost of the job. And then our profit on the job, which we said was another 30% of the cost right another 30% and that's where we got the 30 that gets us to the 100,000. So if we were trying to recognize revenue kind of as we go on the job recognizing, you know, the progress in terms of costs, then we could we would do a ratio or some of something like this. This is what we've actually paid for at this point in time the costs we've incurred divided by the total estimate that would mean that we had more basically 16.92% done. So that would mean the revenue that I would recognize if I was on like a trying to recognize a percentage of completion recognize as we go would be something more like the 16.923 times the 100,000 right. But what we've recognized in revenue so far is the 10,000 just based on the billing schedule and we recognize that before we even you know paid for anything yet right so that you can see the disconnect between the billing and when you might recognize revenue on a and a revenue recognition. So we're going to continue with with the separation between the two and then we'll take a look at the differences later. So let's take a look at the next billing item is going to be in next month. So I'm going to say let's say that happens in month three, let's actually record the billing. So I'm going to go over here and we'll say okay let's go back and we're going to go into our projects. Now let's actually record the receipt of the payment and then we'll record the next the next billing that happened. So I'm going to say okay let's go drop down and let's say we received a payment. So now we're going to say project number one and let's say this happened on we let's say this happened actually on 707 1525 and we got paid by the client for that original deposit that we sent out and it's going to go into the account for this invoice and so let's go ahead and say okay save and close. And if I go back over here to the balance sheet what happened goes out of accounts receivable and and into the checking accounts if I look at the checking account. So now we see the payment that we received we have negative still because the expenses were greater thus far. Next thing we're going to be back in our projects over here on the left and we're going to say now we had another bill invoice that we're going to be sending out just according to our invoicing schedule. We can pull that in from our estimate using the progress invoicing and we're just going to say hey look next time the next estimate we had was the 25% 25 so I'm going to pull in 25%. And then it's going to pull in nicely like per line item so it gives us a nice breakout between materials labor and overhead that we just kind of made up so that we can see those different line items. And then I'm going to say this happened on 080125 for the invoice it's going to go into project one all the classes are going to be lined up. This is going to increase accounts receivable and the other side is going to go to revenue of the 25,000. Let's go ahead and save and close it. And so now we've got income at the 35,000 if I go to my reports here run it. So so now we've got accounts receivable went up for the 25,000 and the other side went to revenue if I run the profit and loss by date. Now I've got 25,000 recognized in August the second month. Now note again over here, you would think if I had revenue recognition, I should recognize something like 16 and then 25 instead of instead of, you know, instead of by the billing process 10 and 25 here. So then I'm going to say, OK, let's go back on over. Let's say that we received we're going to receive and if I look at my breakout by class. So now we've got our breakout by class here. We only have one class so far, but you can see the idea. So if I go then to the first tab, let's say we've received payment on that one. I'm going to hit the drop down and say we're going to receive payment. And on project one, let's say this happens 15 days later at 15 they pay us time is passing time is flying. So we're going to receive that payment. This is going to reduce the accounts receivable and increase cash. So I'm going to save and close and then go over here and say, OK, balance sheet. The accounts receivable goes back down and it goes into the checking account. All right. And then let's say that we're going to have expenses for for month number three of 19 527. So let's record those expenses. Next project happens. I'm just going to do it with one expense form again. And we'll say this goes to vendor one. These are expenses for the job on this is going to be on nine one. Let's say actually wait a second. This needs to be on the same date. Let's bring it back down to eight 15 that were the job that we're OK. So these are the expenses for that time frame. Now it pulled over the same stuff from the last time, but now I've got new numbers. So what I'm going to do is I'm just going to change this to be something like 10. Let's say this is 10,000. I'm not going to make it billable. And then this is going to be, let's say 10,000 not billable. That gets me up to 20. And actually, let's say this is let's say this is 9,000 9,090. That gets me to the 19 and then in the overhead will say 527. So 527 overhead, not billable, not billable, not billable. OK, so this is an expense. It's going to decrease the checking account. The other side is going to go into the cost of goods sold because these items are telling it to go to cost of goods sold. So let's save it and close it. And then I go back on over here. We can run it. So checking account goes down. The other side's going into the expense and the expense here for August. So I should have done it. So that's, yeah, I should have done it for the next month. I think my expenses are off. I had two in here for August. Let's go back in here. Check it out. Yeah. So this one, let's let's change the date to the next month here. I'm going to go back and drill down on this one. And let's bring it up to 915. All right. Then I save it and close it. So now if I go back to my reports. Hold on. I don't want to save it. Exit and run it. So now my expenses are in the next month as they've been incurred. Right? OK. But so that would mean that you would think I would, if I was doing my percentage of revenue recognition that I might recognize something like 25385, but I'm only recognizing revenue basically as the billing is taking place. Let's continue on with the last two, just so we can see this play out and see that, see what that difference looks like. I'm going to go, OK, let's do the fourth one. And we're going to, we're going to bill for it on the next month. Back on over and say, boom, invoice for the next month. And I'm going to pull that in from here. This one's going to be 30 percent, 30 percent. And I'll pull that in. Pulls in nicely. And I'll say this is as of nine, one, let's say. And then 090125. I just did that and then it did that. All right. And so then that pulls in nicely for the 30,000 increase in accounts receivable. Other side going to revenue. So I'm going to save and close. Check it out. So we've got then the balance sheet accounts receivable going up. Other side going to the profit and loss revenue being recognized in September because that's when we build it. And then if I look at it by class, there's our breakout basically by class. All right. Back to the first tab. You know, actually, if I tie this out to my little worksheet here, I should have recognized the 25 and the 30 a month later. This 25 I should have recognized in September and the 30 in October. I'm going to go ahead and just adjust that. I'm going to August and I'll go in here and say this needs to be a say September. So we'll bring that up to line this up and then I'll save that save it. And then I'll go back on over here and then in September. The second one here needs to be, which I'm going to click on one of the $30,000 one needs to be the next month over in October. October. Let's bring that up. So there we have it. And then I'm going to say save and close. All right. I think that lines up. So let's say exit run it. And now we had our billing schedule was July month one. And then we didn't have any. And then September, October, I think that kind of matches our billing schedule over here. And then the expenses happened in month two and month three, which is August and September. So you could see some mismatching between revenue and the expenses, which is kind of the issue from like a, like a revenue recognition principle, because we've kind of disconnected these two things. Okay. So then let's go back on over. I'm going to recognize my next expenses at this 14201. So let's go back on over. And that's going to be for October. Let's go back to the first one. See if I can line this up properly. And we'll just do this again. Let's make this October. I'll put this now so I don't forget October, October 15. Let's say, and then this is going to go to project. And we'll do the same thing down here. I'm just going to say this is going to be materials. Boom, boom. And we'll make up a number that'll line up to that. Let's say, let's say 10 for the materials. Boom. I'm not going to make it billable. Class is going to be class one. And then I'm going to say labor is going to be for the four, four thousand, four thousand, not billable class one. And then we'll say we've got the overhead overhead and wait, not 40,000, four thousand. All right. And then that's going to be for the 201. We'll say 201. And again, not billable, not billable class. Boom. And this will, this will decrease the cash account. The other side going to cost a good sold. Save it and close it project. We can see here cash account goes down next tab over running it. Now we've got October. Our cost of goods sold 14201. If I look at the income statement by project, it's all lined up in this one project. Okay. So then let's do the last one. Month number five, I'm going to bill out for the next month in November, 35,000, which is just the end of our billing process. So I'm going to say, all right. This is going to increase. Coming from the estimate this time. Instead of putting a percent, I could just take the remaining amount, which of course is the 35,000 and just pull that in. And we'll say, okay, boom, boom. This is as of 11, 11, one, let's say. And so there we have that 35,000. This is going to increase accounts receivable. The other side going to go into the revenue, save it, close it, tab over running it. So now we've got accounts receivable going up. The other side going to revenue or run the revenue. There's the revenue and we don't have any expenses yet tab to the right and run it on our class by class. And then let's do the last expenses just to match everything out expenses. This is going to be for November, let's say November 15th or so. November 15th. It's going to go to vendor one. Do you want to pre fill? Sure. Vendor one and this time it's going to be adding to the 30,000. So let's say that it's going to be 15,000. 15,000 and then 178. We'll say 178. Make it unbillable, unbillable, unbillable. Class is applied. Cash goes down. Cost of goods sold is the other side assigned by these items. And then if I go to the test company, run it. There we have this and tab to the right. Run this. Something went wrong with that one altogether. Let's go back in there. 150. That's not right. There's an extra zero. Should add up to 30,178. All right. Now let's save it and close it back. Run it. Okay. So there's our 35. There's our 31 78. And here's our issue here with again the revenue. Not really lining up to a recognition concept. So, so, so to deal with that, you could run basically your projects like this, for example, and bill as things happen and possibly make adjusting entries to your jobs report so that you can kind of separate the, the stuff that the bookkeeping department does to external reporting, possibly for taxes or whatever. And we might just have to make a year end adjustment or something like that to properly recognize the revenue on the open jobs and have your beginning jobs kind of line up. So that's one option, or you can, of course, adjust your process to be more on a, on whatever method you're using, like a percentage of completion method as you do the data input. So once again, here's what we've got on the balance sheet. Let's go ahead and just receive the accounts receivable just to close out the AR. So I'm going to say, let's say receive payments. And I'm going to say that we're going to do that on 1117. That's five. I'll receive these two invoices, reducing the accounts receivable, the other side going into the cash account, save and close. So at the end of the day, we can kind of see here that on the balance sheet, we don't get this real breakout between the class tracking because the checking account and the accounts receivable don't really break out unless you're in a versions advanced of pro plus, but that's okay. We might see it in other balance sheet accounts. We'll take a look at later. The income statement breaks out here and we can see our totals for the checking and the accounts receivable with the profit and loss by, by month. You can see the issue with the revenue recognition being different than like a percentage of completion or complete a contract kind of concept, which isn't an issue. Once the job is closed, it's a timing issue, which is usually the biggest problem at the cutoff dates, which for small companies might only be at the end of the year at the end of the year when they do taxes or something like that. But for large companies, you might have to report monthly and quarterly, which means you've got these cutoff dates where you have to make sure that everything's properly reported on whatever method you're using, you know, more, more often. And so, so, so you might adjust this using a, using an adjusting entry into the period method for smaller companies that might be easier. Or again, you can adjust it by using a different concept, which we'll talk about later. You can run it by a job here so that you could see each job. We only have one job, but it gives you a nice little income statement, which kind of sums up over here similarly in the project where you've got income minus the cost and the profit. You can also run the project reports. So if I go to report by project, I can see profitability by project. And you might say, look, this is redundant. This here to the profit and loss by class because the classes are being assigned per job in essence. That redundancy, though, can give us a double check. And the fact that we can run this by class and it gives us a total at the end for all classes and not just for the one particular project can be useful when we're trying to figure out our total job cost kind of system. You have some other project reports that you can kind of do that with, but they're not quite as comprehensive sometimes. So if I duplicate this over here, for example, and I go into my reports, you do have a project, project profitability summary report, but you can see it's not quite as robust 25 to 12, 312, 3125 as the classes report. So those are some of the options in our issues. So now we're going to do some alterations with a similar kind of problem and try to see if we can address some of these timing issues basically as we do the data input.


proudly we hail from New York City where the American stage begins here is another transcribe program with a cast of outstanding players and featuring as Molly pitcher Rose Mary Rice public service time has been made available by this station for your army and your Air Force to bring you this story as proudly we hail the women's Army Corps out of the yellowed but inspiring pages of American history comes the story of a woman who didn't hesitate to aid her country even to the extent of joining in actual combat this is the story of a woman whose heroic deeds and service have been shrouded in mixed fact and legend but whose emerging spirit has been a constant symbol to the women of America this is the story of Molly pitcher after this important message our first act curtain will rise if you're a woman over 18 and under 34 years of age your help is needed in the women's Army Corps you're needed to serve alongside the men of the United States Army why not visit your local United States Army and United States Air Force recruiting station have a talk with the local recruiter and learn all the facts remember your country needs you now and now with Rose Mary Rice in the title role your army and your Air Force present the proudly we hail production Molly pitcher there was nothing really special in what I did there was need of me and I was there it was a time of emergency it was my duty Molly pitcher the daughter of John Ludwig was born in a dairy farm between Princeton and Trenton, New Jersey on October 13 1754 she was christened Mary but was nicknamed Molly by friends and neighbors when a child historians although sketchy about many things concerning her all agree however that she was brusque but kindly when she was 15 her gracious kindness her patience with children in her willingness to work won her a position in the home of the well-known Dr. William Irving and his family in Carlisle, Pennsylvania that same year Molly married John Casper Hayes a barber with a shop near the Irving home to secure their marriage for the future Molly had continued working at the Irving's but now six years later in 1775 there was little security of any kind throughout the 13 colonies petitions to London for fair treatment adequate representation and a limited self-government had been answered by warships and troops colonists had been fired upon punitive decrees had been issued there was nothing left now but a fight for full freedom and independence Molly I'm joining an artillery unit tomorrow John you're what I'm enlisting it's time but John you're not a soldier a man becomes a soldier but you're not you're the best barber in all of Pennsylvania a moment now yes you are in all of Pennsylvania here now put down these basins and let me tell you what do you know about artillery nothing Molly dear absolutely nothing please put down these basins now tell me Molly dear tell me why you must stop being a barber the best in Pennsylvania to do something with artillery my dear I wouldn't know a cannon from a shepherd's shears well then but I learned years learning to be a barber the best yes dear I know the best barber in Pennsylvania it's true John others can learn to fight others can learn about can't know Molly know my dear this will take all of us it means every one of us men women and even children every one of us but why you this means more than my being a barber or a grocer or anything else it means my very right to be a barber or a grocer or anything else I want to be but no one or anything in London this is no longer London or the King or his government we've been fired on in Boston people like us because we have dared ask for for a voice in our own affairs for a measure of freedom I don't want you hurt in God's care and with your love well I'll even learn about artillery John's leaving hung like a heavy weight on Molly's strong shoulders they had talked more about the issues facing not only themselves but the thousands and thousands of others who must now face the same problems but Molly felt she couldn't work in Carlisle anymore with John away this was a time of decision Mrs. Irving yes Molly the children are taking their nap fine I don't know how you do it oh they're good children perfect children but just perfect enough to be little terrors but why they will take their nap for you and no one else I don't know I like to tell them a story first little sticks I just think you're a magician with children I Molly you've been crying is something wrong well yes ma'am I said anything I know what it is here wait until I put this old yarn down there now Molly you sit down right here I you don't have to tell me I know exactly what it is John is left for the war and you are lonesome and you miss him and it's only three days since he's gone and you're worried and so on yes ma'am yes yes I know you go home each night in the shop is closed and you don't hear the sound of his honing his raises for tomorrow and you can't cook for yourself because he's not there to eat with you and you can't get to sleep because you don't know where he is or how he is and you suddenly feel as though you're part of the world had dropped away yes ma'am I don't want to stay in Carlisle it's very understandable you've been so kind I don't know what to do exactly but but staying in Carlisle isn't what I want come then dry your tears we will go see the doctor he may have an idea he did have that old reprobate Salis tenure in there again he always needs at least an hour with that gouty old fool oh Salis probably is still trying to convince the doctor that the only cure for gout is to wean infants on brandy and thus develop a tolerance for spirits my remember you have a home here with us if you want it yes ma'am I'll remember are you free will come in come in I I have just rejected Silas Turner's new invention a specially shaped spoon for feeding brandy to babies well this is important it really is no well by the looks of Molly's reddened eyes I can see that it's about John what no bad news already oh no sir thank heavens no will but Molly is distressed about his leaving and just about doesn't know what to do here here here there's no you just standing there come on both of sit down sit down that's it now Molly is my patient what is it my dear doctor Irving things aren't quite the same for me since John left I won't cry anymore because of his leaving I know he had to go but I go on child I know how important it was for him to go but here in Carlisle I'm always reminded of his leaving everything here reminds me of how happy we've been remember Molly we have been very happy about you and John he's one of the finest young men we have ever met and you were as close to us as our children but today thousands of fine young men like John are out in the woods and the fields and the mountain passes defending our rights and fighting to gain us happiness and dignity of free people however best you feel you can serve our cause and a John you yourself must decide whatever you decide Molly dear we will help you and when John one day returns always remember we'll be waiting for both of you thank you from my heart sir I feel I should go back to my father's farm John is near there and I want to be near John he may need me from every record of these historical events we can find it was obvious at this point that Molly had adjusted to John's leaving to join the forces fighting for freedom as she left the Irvine family in Carlisle her determination to be near her husband was uppermost in her mind she was back home now at her father's farm yes father of course much to do still two gallons left this too much leave for me oh this batch Molly but we have enough now oh extra batch won't hurt good yeah but you're working too hard no I'm not tired no I know but every day you wake up with the son get more done that way you get more done and I have nothing to do now you do not father now you are here I'm an old man I do nothing the milk is your work the chickens you take care of the garden kitchen everything there father there's another batch finished good Molly but now is enough we don't need more no I want to keep busy I know but you must sometime rest no father I don't want to rest when I do I I keep thinking that somehow I should be where John is helping him come here come here put your head on my shoulder so so how can I help John I don't know I don't know you can understand now father why why I couldn't stay in Carlisle why I couldn't stay where I'd be reminded every minute that John was away that we were separated that he might be in danger and I wasn't there with him today tomorrow many thousands like John young men old men are away from home fighting fighting for a word a big word the big idea word and an idea we could never talk about in Europe freedom I know it I know it so well and what am I doing to help what oh father nothing nothing nothing maybe it would be better you should stay in Carlisle there was a good job with the doctor no father here I'll be closer to where John is and then if he needs me I can help I'll go to a month to month and even year to year no one could tell exactly where the elusive and swift moving American forces would be usually outnumbered by British and hired Hessian troops possessing superior strength and firepower the scattered units and armies of general George Washington relied on ambush surprise attacks and strategic withdrawals to confuse an enemy accustomed to the more orthodox methods of warfare then three years after John had left and Molly had returned to her father's farm she had news Molly father John is only 30 miles away and the British have left Philadelphia and he's a canineer and they're retreating towards the coast and he hasn't been hurt and general Washington expects to meet the British somewhere near free home wait Molly father this runner said that he'll be back sometime after nightfall and I can ride with him to John and it's a wagon with two horses now I can go see John first you take a breath first you take a breath father I was out at the roadside rounding up old fatty that that stubborn with the limp when up the road comes this team of horses and a wagon and an old man driving I don't know who looked more tired thinner and old here the horse yeah so well what they needed was was feed and water and I gave them enough for the horses and the old man saw so he said he was a runner and he was up this way to pick up some men who had gone home to get over their wounds it might be well by now and he was going to take them back he said to Washington's army over near free and what about John father he told me about John Molly so many rumors we hear no no no I know this isn't a runner said he knew what John Hayes who was a canineer with an artillery unit and he told me what he looked like and I know it's John all right I know it Molly maybe you should better wait a few days father of course not after all this time and John now so near but leaps in it will be dangerous there's battle coming for sure and I hope I can get there on time there there's no place for a father if John can be there I can't do my sounds wonderful Molly but maybe a woman is in the way I know I won't be father I'm going there to help and I'll help in any way I can Rosemary Rice featured as Molly pitcher in this proudly we hail production will return in just a moment for the second act here's the most important message for young women listening to this radio program if you're between the ages of 18 and 34 and qualify you can prove that this is a woman's world too how by enlisting in the whack women's Army Corps by joining right now when you're needed most and when the opportunities for advancement are greatest you'll be serving your country well and yourself too you'll have opportunities for some of the finest specialized training in the world training which will serve you well should you elect to return to civilian life you'll enjoy the same pay allowances medical care vacations and opportunities for travel as the men in the service but most of all you'll have the inner satisfaction of knowing you are serving your country when the need is urgent so serve as American men serve do your part in keeping America strong visit your local United States Army and United States Air Force recruiting station and enlist in the whack women's Army Corps do it now you are listening to proudly we hail and now with Rosemary Rice in the title row we present the second act of Molly pitcher after almost three years of waiting and hoping Molly pitcher at last feel she's definitely located her husband John Casper Hayes who had enlisted in an artillery unit in late 1775 a runner for the American Revolutionary Forces meeting Molly by chance at the roadside near her father's farm has offered to give her a lift to freehold where Washington's Army awaits an attack from British and Hessian troops John the runner said was there I am here right on time can we put this in the wagon expect so what is it it's really two boxes both are full of bread cold meat and sausages makes this something like a bit of a holiday they're sure big one box is for you and your passengers if you have any the other the others for my husband well here man let me take oh let me help you are you sure you're not bringing your husband a half dozen cannonball I hope my fresh bread isn't that bad now here we are both are in back just behind your seat yeah thanks a money ma'am well I guess we better get now may I ride up on the seat with you oh sure sure here just step on this man all right thank you there's an old blanket up there you can wrap around you it'll keep out the night chill thank you well ma'am we ain't we ain't gonna go fast but we'll travel at a steady pace that's good all right you too let's get will the trip take long oh well we ain't taking any direct road and the roads we take ain't so good I know but I will pull up for a spell to water and feed the horses you see grease that back right hub I see there's a stretch of road up ahead of peace there that ain't good ride I see it I was slow up there you see all those lads sleeping back or just fresh over some wounded yeah they ain't able to take much down when do you think well now as near as I can tell we might hit freehold smack in the four noon I hope we're there before anything starts oh I feel the same way ma'am had us a load of 40 muskets and 400 weights of powder and back there should be mighty useful when we get the freehold you got your heart pretty well set on finding your man ain't you man yes I had yeah well he's there all right ma'am he'll likely turn a pretty car wheel when he sees you and I've wanted so much to see him too I've always believed that there's so much that all of us must do John taught me that and I've never forgotten it are you still at it Hayes still at it Adams but I have five kegs open now my dear more I hate trying to open these at the last minute I have enough open now to conduct a little battle of your own I don't know why I need the cannon a cannon balls you meet the enemy head on throw powder in the faces I may have to do it with this heat today this old cannon will be useless after an hour's firing hey that's enough to melt a musket ball speaking about this heat what are we supposed to do just sprawl out here in this field and bake well general greens aid said we'll get it at high noon shortly thereafter well what's taking them so long they know we're here it may be their uniforms had to be pressed all our men out there in the open they'll be baked and fried by the time there's action yeah this is day for a swim but where do we get the water by the way huh oh over there back up you're that silly looking things well complete with an artistically battered pewter picture oh see hey look there you know that old man beetle eyes and his wagon and unless this heat has already affected me there's a woman standing up in front it is a woman all right seems to be looking for someone too looks like she's seen him huh and that big package she's got somebody's going to feed well today she's heading straight across the wait bless the lord it's molly now how can a man run like that in this heat just look at that package of food she's carrying no no look at that hey they don't care who knows the most charming scene i've ever witnessed on a battlefield hey that stopped them that kiss was something the red coach should have seen he might even held their fire tilt was over hear the two come running back the package oh they better be careful be careful my oh what a run and this package is no lady's fan oh man my wife molly this is adams and this is more in honor ma'am doubly so ma'am how do you do more is extra polite we never somebody's got food package for lightness ma'am is bread on the water i think oh john bread bread of course i have fresh bread in there and cold meats the sausages sauce may we open it now let me oh fine come on let's let's sit down right here next to this elegant all right is that your canon john well molly dear i can't claim it as a personal possession but i've been a good nursemaid to it as we're waiting for it to melt in this heat we're here everything's ready i i hope you're all hungry the blazing sun beat down on the widely deployed american troops as they waited for the british and hessian forces of sir henry clinton to strike more than a mile from the great open field clinton kept his army cool in the protection of willow and beach groves washington's army had to be met and defeated to permit the british a safer retreat to the coast on june 28 1778 in the searing heat of mid-afternoon british and hessian forces marched out of their protective groves in perfect formation here they come hey back to our post and good luck thank you man john what shall i do lie low molly my dear very low i'm aim molly your ears dear molly molly keep down watch your ears now john john can i help what shall i do nothing dear john you need water i'll get it up there at the well no no molly molly stay down i'll bring it i'm all right john let me take some to adam's over there he's been hit now increased her trips to the well for water the pewter pitcher traveled from wounded man to tired rifleman and soon the shouts went up here's molly here's molly with the pitcher molly with the pitcher oh molly and thus one of america's greatest nicknames was born in the heat of battle molly pitcher but now molly stopped her water fetching and rushed to the side of her fallen husband victim of a wound and heated sausage john john molly not much just this heat side john is here he hears water rest john dear rest now first the swap charge forces withdrew to the heights of middletown beaten back by the sheer spirit of the american sparked by the courageous example of molly pitcher and although honors came to molly from many sources it was appointment as an honorary sergeant in the american army by general george washington which touched her heart most and the words of molly pitcher still live on to inspire the women of america today there was nothing really special in what i did there was need of me and i was there it was a time of emergency it was my duty thank you rosemary rice for a very stirring portrayal now here is an important message to the young women of america a brief word to young women why not get an early start with a job that gives you the feeling of being of real service to your country you'll enjoy that feeling in the women's army corps and you'll be doing a job that will be a little different every day you'll be getting the finest specialized training in the world in the career field in which you're best qualified so don't let opportunity pass you by remember today young women between the ages of 18 and 34 can best serve their nation by working side by side with the men of the services visit your nearest united states army and united states air force recruiting service and get all the details today this has been another program on proudly we hail presented transcribed in cooperation with this station by the united states army and united states air force recruiting service this program featured rosemary rice this is kenneth banghart speaking and inviting you to tune in this same station next week for another interesting story on proudly we hail