Job Costing

For organisations that perform numerous jobs for customers, Job Costing is an extremely useful tool.

Income, costs and profitability can be tracked on a day-to-day basis for each on-going job or contract. Information recorded for each job can then be used to invoice the customer once complete or can simply be used for information so that future contracts can be better priced.

Budgets can be set to work to for each job and reports can be created to show whether the contract is on track to make a profit. The ability to use timesheets to track labour time and costs means that job costs can be recorded in detail helping to justify charges made to your customer later.

By providing accurate job costing, Accounts Department Online can help you recognise the most profitable type of job or customer for your business and assist in your budgeting for future periods.