Job Costing

Screen Shots Main The Job Enter Hours Job Summary Why Use…. Job Manager MORE ABOUT JOB COSTING ...

What It Can Do For You Job Manager helps you to prepare estimates, monitor and control costs, compile bills, and measure the profitability of your projects. Its flexible design makes it ideal for virtually any business that operates on a job or project basis. How Important Is This? Costing is probably the key function in your company and is directly related to your Accounts Payable, Accounts Receivable and Payroll functions. Hours are entered directly from job tickets or worksheets into the Job Costing System. These hours are summarized and totaled by employee and passed to the Payroll System. Vendor invoices, which are entered into the Accounts Payable system, are directly posted to the appropriate job in the Job Costing System. Account Receivable invoices can directly update Job-To-Date revenues. All The Data In One Spot You have the ability to view several different aspects of your jobs by clicking on the various tabs across the top of the Maintain Jobs screen. You can get a complete picture of just how far along the job is as well as the materials used and the hours expended on each job. The payroll and Accounts Payable will update the jobs as costs or hours are entered into those parts of the system. Better Management You can schedule activities for better management of your jobs. Work in Progress is available at a glance as well as any AIA billings or Change Order information you might need. We have included a Notes Menu Bar option. You can keep information about the job and use it for future reference, like personal comments on the crew or supervisor or information about job delays or equipment problems etc. Complete Estimating and Tracking Information Retains original estimates to help you budget more accurately Computes the percentage completed on each job, phase, and category to give you up-to-the-minute job status Tracks Retainage for each job, phase and category Automatically calculates billable amounts using either the percentage markup of cost or the unit price Automatically allocates overhead on a per job basis, based on labor hours, labor dollars, material dollars or total job cost; you can also record overhead directly to a phase Automatically allocates employee benefits on a per-job basis, either as a percentage of labor dollars or as a flat rate per hour Uses job-related labor hours and costs, from Payroll, or lets you enter labor hours and costs directly into Job Costing via daily timecard or timesheet entries Maintains estimated and actual costs by job, phase or category; saves you time by letting you copy estimates from other jobs Saves job configurations as templates to simplify bidding and budgeting on subsequent jobs Break down jobs into as many phases and categories needed Supports unlimited cost types that can be grouped into six different classifications: labor, material, equipment, subcontractor, overhead, and miscellaneous WIP – Work In Process at a Glance Job Costing is a means to record all costs directly attributable to a particular job, in order to determine profitability. Job Costing is applicable over a wide range of industries such as manufacturers , labor and materials contractors, value added re-sellers and general contractors. As in any Job Costing program; flexibility, ease of use and accurate reporting are most important. Reports, such as the Work in Process Report, are available in this system on demand. Anything Can Be View On The Screen But before you need to print out reports you can see the current status of all phases of a job right on the screen. In the Maintain Jobs screen, you can check estimated dollars against actual costs to date (your work in process) by simply clicking on the button labeled WIP. In addition to your estimated and actual costs, you can see view total purchase orders and the amount over or under billed for each activity or phase on your job. All of the job cost is updated as entries are made through the other modules of the system, and all Work in Process can be viewed on this screen to enable better tracking of any job with just a glance. You can spot potential problems early. The earlier you find a problem the easier it is to correct.