Job Costing Setup Guide

In job costing, costs are tracked individually for each job or project rather than being averaged across multiple jobs or products. This provides a detailed breakdown of how resources are allocated, helping businesses to evaluate profitability, set pricing strategies, and improve cost management.

Key components of job costing include:

1. Direct Materials: The raw materials used specifically for the job.
2. Direct Labor: The wages paid to workers directly involved in completing the job.
3. Overhead: Indirect costs like utilities, rent, and administrative expenses that are allocated to the job.

It is commonly used in industries such as construction, manufacturing, and professional services where each job or project can vary in scope and cost.

The Job Costing feature allows you to add and assign jobs to employees working in various roles. It enables you to set different rates for jobs and link them to specific projects and clients, enhancing your organization's ability to manage and analyze work efficiently.

1. Complete the Job Costing Initial Setup based on your company's requirements.
2. Enable the Job Costing Reporting Hours feature so employees can access it.
3. Add and configure a job in Job Costing and assign different job rates.
4. Add Clients (if applicable).
5. Add Projects and assign Jobs/Clients to the Projects.
6. Employees are able to clock in & out by selecting a project or a job (instructions coming soon).
7. Managers must run Job Costing Reports to review the information (instructions coming soon).