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JOB COST
Staying on top of things isn't always easy. There are
overhead costs to keep track of, bids to prepare, and revenues to record.
OPEN SYSTEMS® Accounting Software (OSAS) Job Cost application can
help you stay informed and organized. You'll get all the information you
need to maintain profitability by calculating variances between actual and
estimated costs and revenues.
Schedule and control in-process and completed jobs; make a difference in
your bottom line
You'll know the status of a job, how much it's estimated to cost, what it
actually costs, the billing status, and the gross profit. You can adjust
estimated or actual period-to-date, month-to-date, or job-to-date costs.
The costs may include labor dollars, material or equipment costs, overhead,
and miscellaneous expenses.
You can produce timely reports that help you analyze costs more closely;
you'll bid accurately on future jobs because you'll have all the details of
similiar jobs you've done in the past. You can also determine which jobs and
contracts are completed at a glance by producing an up-to-date job list.
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OSAS Job Cost Offers Choices and Flexibility With These Key Features:
- You can customize Job Cost for your business with 999 user-definable cost
code fields per job/phase, categorized by 99 cost types.
- Base overhead allocations on labor hours, labor dollars, material
costs, or on any of the 99 cost types that you can define.
- You'll get extensive, detailed information about employees,
purchases, and billing when you post from OSAS Payroll and Accounts
Payable/Purchase Order to Job Cost. You'll have better control and
scheduling of in-process and completed jobs with Cost Detail History.
- Creating new jobs/phases is easy with a copy feature that copies
estimate information from an existing job/phase.
- You'll have a detailed audit trail with the Job/Phase Adjustments
function. You can enter costs as you incur them and billings as you
invoice and update start and finish dates. If Job Cost is interfaced
with other OSAS applications, these fields are updated when you post.
- Accounts Receivable/Sales Order operation will be efficient,
with the ability to track the unbilled cost in the Jobs File.
- A job template can be created and printed. It will aid you in
preparing new bids.
- You won't have any trouble tracking job information. A
40-character description field, a 21-character contract number, job
address, and three user-defined fields are provided. You can also
track a work in process and finished goods account for each
job/phase record. Job comments are available as well.
- Track pieces, invoice billed amount, total cost, and cost billed
with the period-to-date and year-to-date columns found in the Jobs
and Phases screen. You can also view the job-to-date unbilled cost.
- The Unit Cost Analysis Report gives you a picture of what percent
of a job is completed, based on units rather than cost.
- You can print posted transactions, unposted transactions, or
both with the Cost Detail Report and Billing Detail Report.
- The Work-in-Process Report provides the following information by
job/phase: earned income, current profit earned, earned profit at
completion, and estimated cost to complete the job.
- You'll have accurate period-to-date information. The Periodic
Processing function, as well as the Post Adjustments and
Transactions function, gives you control over which numbers are
posting to the Jobs Master file.
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Job Cost Reports
- Job List
- Cost Summary Report
- Job Profitability Report
- Cost Detail Report
- Overhead Allocation Report
- Billing Summary Report
- Unit Cost Analysis Report
- Work-in-Process Report
- Billing Detail Report
- Job Template List
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