Job Costing
Job Costing ensures that all the information about a works order or contract is displayed in one place, at both summary and detail level, for instant review and detailed reporting. It collects data on the cost of your various activities, and is closely linked to production bills (and the Contracting module). Your main activities are likely to be materials usage and labour, but the system offers an unlimited number of cost types.
Actual costs can be linked to specific works orders or jobs and compared with up to ten pre-set budgets. These budgets may be created automatically, based on Item Definition, or entered manually. Sales revenue can also be allocated to individual jobs, giving you the option to analyse profitability by product, customer or any other category. Flexible calculations will accommodate your specific ways of working - allowing overhead recovery based on materials usage, for example. Costing can be based upon actual, FIFO, average or standard cost with variances.
