Job Costing software provides an ongoing overview of the job as it progresses, or a detailed analysis when the job is complete.
Initial Job cost can be transferred from the estimating software or manually set up. Costs can be posted against the complete job or individual sections of the job. For convenience and simple use these cost can be placed against Labour, Material or Expenses, but for a more detailed analysis of the job costs can also be placed against an unlimited number of cost centres.
Cost centres allow for very detailed analysis reports to be produced, which can show for example why the job went or is going over budget. For example, labour may have gone over budget because of time unnecessarily spent correcting original workmanship, or overtime rates may have been paid to avoid penalty clauses. Using cost centres will allow you to extract and highlight this information.
Apart from very detailed analysis reports, summaries of all jobs can be listed showing actual against estimate cost and there profitability. The summaries can be listed in various orders of selection, by profitability for example, so you can see at a glance which jobs are profitable and know which jobs to take or avoid in the future. As costs are posted to the jobs, information can also be exported for use by systems like Sage Accounts to use.