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Every company at one point or another will need to keep track of projects, undertakings, assignments or as we call them, Jobs. To keep track of these special functions and to be better equipped to manage the project at hand, we have Job Costing. Job Costing provides the ability to build an estimated cost from a build up method. As the Job takes its course with IOA you can allocate costs to the Job by allocating Purchase Orders Directly, Purchasing from Inventory, Importing from Work Orders, and Allocating Resources of Salaried Employees and/or Sub-contractors.
While entering directly from time sheets, not only will the costs be allocated to the Job but they will also be carried over to the Payroll Module to avoid double entry. The Job Standing Report provides a clear analysis of the profitability of your project to outline the Revenue Generated while considering the Expenses incurred and the Materials and Resources used. All generating a profitability report compared to estimated costs. A contractors dream, and a manufacturers guide to monitoring and controlling your costs. Using Job Costing can help you to be a better project manager.
"Job Costing" is part of the Integrated Office Accounting line of products, developed by IOA Software.
Integrated Office Accounting is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.