Job Cost Main Module

System Overview

The Infinity POWER Job Cost Main module is central to the “tracking” of “project” or job“ related costs and/or billings. Accounting transactions start in the appropriate accounting module such as(Accounts Payable or Payroll). As costs from these modules are entered, all projects and cost codes are updated simultaneously. Complete Job Costing information becomes a by-product of performing standard accounting functions. Sophisticated cost accounting transactions are created by distributing costs to jobs through cost codes charged during each transaction.

Product Features

• Unlimited number of Projects/Jobs per Company
• Unlimited number of Cost and Billing Codes, per Project/Job
• User-Definable Project Label (Jobs, Projects, Engagements, Cases, etc.)
• 10 Character (alpha/numeric Cost/Billing codes
• Cost/Billing Codes have up to 5 User-Definable Components
• user definable Billing Periods (Weekly, Bi-Weekly, Semi-Monthly, Monthly, etc.)
• Multiple Accounting Months may be open simultaneously, even across fiscal years
• Budgets may be established at any level of detail desired for both quantities and dollars
• Budgeting Variance Reporting provides projections of project profitability based on cost percent complete compared to the estimated percent complete
• Handles FIVE billing methods: Direct Billing, Cost Plus, Percent Complete, Bank Draw, Completed Contract
• Suggested Billing Amounts calculated automatically
• Calculates Cost Percent Complete and/ or Estimated Percent Complete for each of the five Billing Methods
• Change Orders may be Budgeted and Billed within the Original Project/Job
• If Detailed project information is maintained, reports can summarize Project information on up to FIVE levels
• Project Analysis may be provided by Employee, supplier, Sub-Contractor and/or Material Used.
• Prints Estimated Profit Report by Project