Description

The Job Costing module tracks planned and actual costs throughout the life of a job.  These costs include all the material, labor, overhead, and miscellaneous costs incurred to produce items to fill an order, as well as additional job charges.  Tracking these costs provides a management tool for cost control.  It also provides a basis for estimating costs of future jobs.

The Job Costing module performs three main functions:

·     Planned job cost generation

·     Actual job cost generation

·     Detailed job cost reporting

At any time in the life of a job or jobs, a user may perform job cost generation to calculate job cost information.  This information may then be printed on the Job Cost Report in detail or summary form.  The Job Cost Report includes planned and actual costs broken down by cost category (material, labor, etc.).  The report also lists projected costs to complete a job, which are calculated by adding the estimated completion costs (calculated during cost generation) to the actual costs.  Cost variances from plan are highlighted.  Both job cost generation and the Job Cost Report can be requested for a project manager, a job group, a specific job, or all jobs.