The Job Costing module tracks all costs related to a specific job or
project. The Job Costing module provides management the information they
need to quickly identify project costs which are out of line with budget
estimates and requirements.
Flexible Job and Activity Codes: Each job can have an unlimited number
of tasks or activities related to it.
Budget Comparison: The Job Costing module monitors each job's
activities, comparing the actual and budgeted figures in terms of units (labor
hours) and dollars.
Interaction with other Modules: The system allows interactive entry,
editing and posting. The General Ledger work-in-process account is updated as
costs are accumulated and costs and inventory status are thereby reflected in
the financial statements.
Reports: The Job Costing module creates a variety of reports including
a listing of all or selected jobs, work-in-process journal, and cost and budget
reports.
Existing jobs with budgeted and actual, labor, material, and overhead rates
can be used in structuring new projects and providing comparative information to
determine appropriate pricing.
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