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Job CostingVentus Job Cost provides project managers with a single system for scheduling tasks, analyzing jobs and successfully managing projects. Key components include:
Project Manager Inquiry. Starting from a bird’s eye view of a job, you can drill down to cost types and transaction-level details – all from one screen.
Field Estimate worksheets. Compare your in-field estimates to committed and budgeted costs to monitor and react to changing circumstances on the job.
Powerful Reporting. Get unprecedented access to your data. Over 80 formatted reports are supplemented by the ability to use our Pick-and-Choose report writer to build, customize and save as many more reports as you need.
Job Templates. While no two jobs are exactly alike, job templates allow you to save setup time by easily copying the framework of a similar job and customizing that framework as necessary.
Change Orders. Manage change orders in an easy and effective manner with quick entry and approval routines. Automatically update Job Cost budgets, subcontractor contracts, purchase orders and the AIA schedule of values.
Full Integration. Job Cost is automatically updated when information is entered in other Ventus applications, such as Purchase Order and Payroll. This eliminates duplicate data entry and ensures Job Cost accuracy.
Job Cost is supplemented by the following optional modules:
AIA Progress Billing. When added to the standard progress billing function, AIA Progress Billing gives you the ability to automatically submit G7-02 and G7-03 forms, or format your own invoice for non-AIA progress billings.
Subcontractor Control. Linked tightly to Accounts Payable, Subcontractor Control allows you to track worker’s compensation expiration dates, deduct worker’s compensation premiums from draw requests, calculate retainage and calculate general liability premiums.
Time & Material Billing. Automate the billing process for T&M or cost-plus jobs by identifying markup percentages or rates by cost types for jobs. Time & Material Billing offers the additional ability to create and copy markup templates for fast and easy job setup.
Estimating. With its user-defined cost item database, and the ability to create assemblies and super assemblies, Estimating provides you with a powerful and easy-to-use solution for takeoffs and pricing. Estimates can be produced for service work or new construction jobs, and can be duplicated and customized from previously constructed estimates.
"Job Costing" is part of the Ventus by Vertical Market Software (VMS) line of products, developed by Vertical Market Software.