Job cost isn’t just for manufacturers……a lot of business types should be using job costing to accurately manage the numbers. This artilce gives you an outline of what and why. Filed under accounting
Excerpt……Job costing is extremely important for several reasons and helps you: keep up on the current pricing of each job cost item know if you’ve been overbilled by your vendors, point out inefficiencies in the work process, point to problems with subcontractors and employees
If you can’t figure out how to setup a job cost system that works for your business, please contact a qualified professional (CPA, accountant, bookkeeper, Certified QuickBooks Proadvisor) to help. The investment of time and money in setting up a proper job costing system goes a long way in helping your business be more profitable.