Job Costs
Job cost software is essential for today's successful contractor. With JOBPOWER construction accounting software, gathering job cost information is easy. While you are entering A/P invoices, writing checks, billing customers, preparing payroll, etc., the software is efficiently filing away all the details related to jobs. This means that job cost and billing information is always up-to-date and in agreement with your accounting records. Contractors find the detailed job information helps them determine problem areas in current jobs and gives them information to accurately estimate future projects.
Job Cost Categories
You may specify the categories of job cost that you would like reported. This may be as simple as "labor, material, subcontract, equipment", or as detailed as a code for each task (supervision, concrete slab, etc.).
You can use the same cost category codes for all jobs, or you can designate special codes for specific jobs.
The construction management software comes with CSI category codes. You may modify the CSI codes,
set up your own cost category codes, or use no category codes at all – it’s your choice.
Change Orders
Successful tracking of changes to a job's specifications can determine if a project is profitable or not. It is important that every change order is accurately reflected in the application for payment. When you print a customer change order with the software, it is included on the application for payment as well as reports that show the contract amount.
Charge Equipment Costs to Jobs
Tracking
equipment expenses and applying equipment costs to jobs is critical for accurate job cost. With JOBPOWER, you may
set up each piece of equipment in the item file specifying the cost per hour or day to be charged when it is
used on jobs. As equipment is used, enter into JOBPOWER the job, hours, and equipment items and JOBPOWER will
calculate and post the costs directly to the job. You may also track equipment repairs, fuel, etc.
Timely and accurate information for the project manager
Your project managers will find the software’s reports invaluable for keeping up with jobs. The powerful up-to-date job management reports give detailed and summarized information so that you always know where you stand in each phase of the job. Numerous formats are available whether to track actual job costs against budgeted costs or to present information to a customer. If you don’t find just the report you’re looking for, use Customized Job Reports to specify the fields and calculations for your own custom report.
Integrated job cost information for the accountant
The controlled design of the software
ensures that the Job Ledger report always balances to the general ledger. That means you have a complete
audit trail for the job information on your financial statement.
Job reports help you obtain bonding
The bonding company will love the completely integrated job cost reports and financial statements that you print with JOBPOWER. The Over/Under Billings and the Work in Progress reports are required by many bonding companies.
Software Features
- Job cost by category (phase)
- Job cost by location (building)
- Import an estimate into budget
- Manually enter/revise budgets
- Subcontractor tracking
- Distribute payroll by job
- Track purchase orders by job
- Change orders to contract
- Change orders to subcontract
- Change orders to budget
- Backcharges to subcontracts
- Customized Job Reports
- Loan draws
- Charge inventory to jobs
- Charge equipment to jobs
Reports
- Job cost history
- Budget vs. actual cost
- Labor hours
- Billing status
- Subcontract status
- Purchase order status
- Job financial status
- Job ledger summary
- Over/under billings
- Expected cost to complete
- Work in progress
- Committed cost
- Labor productivity
- Unit cost
- Lien waiver status
- Change orders