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.

Cost Detail Transaction Types

Transaction Detail

Cost Per Period

Committed Costs

Projected Costs

Revenue Information

About Change Orders