The Job Cost Module from our suite is a vital tool designed to simplify and enhance the way companies manage and monitor their job operations. This module provides everything needed to keep track of a job’s progress and financial health right at your fingertips, ensuring effective control over various project aspects.

Central to the module’s functionality is its ability to interact with all costing modules within the system. This ensures that both direct and indirect costs are accurately captured and considered when assessing the profitability of each job. It enables businesses to maintain detailed records for every job in progress. These records include comprehensive data points such as billings, original and adjusted estimated costs and units, revised estimates, actual costs to date, actual units in place, actual man hours, and field-reported completion percentages for each cost code associated with the job.

Moreover, the Job Cost Module is equipped to provide a range of detailed and summary reports tailored to the needs of different users—from detailed job cost reports for field personnel to summary and exception reports for management. These reports help in maintaining clear visibility of monthly, year-to-date, and job-to-date balances for each cost code per job.

The module also offers critical financial insights by providing cost and recognized revenue information on all jobs in progress, which are essential for inclusion in monthly financial statements. Users benefit from on-line access to up-to-date job information, enabling quick decisions and responses to project dynamics.

Additional features include tracking and management of all change orders, printing of comprehensive reports such as percent complete reports, and the calculation and posting of figures like billings in excess of costs or costs in excess of billings on a monthly basis. It also prints a bond status report, which includes a contractor data sheet and surety analysis, vital for risk management and compliance.

The module’s ability to keep a detailed list of transactions for a job until it is closed, coupled with its support for Worker’s Comp codes by Labor Cost Center, adds another layer of granularity and compliance to the management of job costs. This all-encompassing approach ensures that every aspect of job cost management is covered, from initial budgeting to the final accounting, making it an indispensable part of our package for businesses seeking precise and efficient job cost tracking and reporting.