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Job Costing
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The job costing module provides complete job tracking by presenting information in detail or summary form on period-to-date and job-to-date costs. Data reports can be based on single jobs, job types and individual recurring cost items. Multiple jobs can be printed and then grouped for project or multi-unit reporting. With this accurate tracking, you can see cost overruns and where they are occurring, prior to check writing. Project profits are calculated based on projected and actual cost versus budgeted cost. The system maintains historical archives of the line item cost, providing quick estimates on future jobs. Unlimited detail in the form of memos may be entered into jobs for help in invoice evaluation.
The module's capability of having up to ten master cost code lists allows you to separate various types of construction. Each master list tracks up to twenty-seven thousand detailed cost codes and procedures, grouping them into twenty-seven major phases, each phase subtotals to ten different categories. As a result, you can track almost an infinite number of items, simply and effectively. With the ten master lists, the quick estimator is able to separate the unique costs broken down in each list. Remodeling, new construction, commercial, and land development are examples of using separate item lists for tracking costs that can then be re-evaluated with the quick estimator.
SYSTEM HIGHLIGHTS
- Tracks original budget by cost code within jobs.
- Maintains change order amounts and descriptive detail.
- Conforms to standard numbering system for cost codes.
- Maintains industry standard draw request information.
- Pinpoints overruns and produces variance reports.
- Prints detail or summary reports to screen, printer, or disk.
- Compares actual versus budgeted costs.
- Calculates actual versus committed cost by purchase order entries.
- Reflects dollars or percentages over or under budget.
- Produces spreadsheet type comparison reports.
- Includes quick estimating as a by product of detail postings.
- Tracks hours, units or quantity information.
- Historical detail available for prior months or years.
- Maintains an in-balance status between the general ledger and each job.
- Jobs are true subsidiaries of the general ledger.
- Job revenue maintained for proper gross profit reporting.
- Sub-totals labor, material, sub-contract, and other major groupings.
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