Types of Cost Information
The Job Cost module collects both cost information (data related to how the job is progressing and how costs compare to estimates) and revenue information (data related to the contract and how it is being billed).
The principle types of cost detail that can be maintained in Job Cost for each job/phase/cost type are:
Original Estimated Dollars, Hours, and Units
Current Estimated Dollars, Hours, and Units
Total Committed Dollars, Hours, and Units
Current Committed Dollars, Hours, and Units
Actual Dollars, Hours, and Units
Projected Dollars, Hours, and Units
Forecasted Dollars, Hours, and Units
From within Job Cost, this cost detail may come from any of the following programs:
JC Original Estimates
JC Change Orders
JC Cost Adjustments
JC Material Use
JC Process Cost Allocations
JC Progress Entry
JC Cost Projections
Job Cost may also be updated with cost detail from any of the following modules:
Accounts Payable
Equipment Management
Inventory
Material Sales
Payroll
Project Management
Purchase Orders
Subcontract Ledger
Click on a link below for more information.