Job Costing Calculations Explained

Accurate job costing is often the difference between making money and losing money.  Our job costing reports make it easy for you to stay on track of your budget, commitments, and actual expenditures so that at all times you know where things stand.  Is more being spent on labor then expected?  Are materials costing more then you budgeted?  Don’t just guess, know!

The guide below shows each module and the status that is necessary and how it impacts your Estimated, Committed, or Actual cost.

PDF: How are Job Costs Calculated

For cost transactions where the cost code is blank, the cost code is associated with an “Unassigned” value.
For cost transactions where the item type is blank, the item type is associated with an “Unassigned” value.