Job Costing

Job Costing

Job Costing

Creating Job Code


Info
Location
Setup > Company Details > Job
Info
Action
> Click SETUP activity
> Click COMPANY DETAILS
> Click JOB module
> Click NEW
> CODE enter PROJ-MBS-01 
Enter a unique code
> DESCRIPTION enter Project MBS
Enter project details
> REMARK
> TYPE
> LOCATION
> PERSON-IN-CHARGE
> DATE START
> DATE END
> CONTRACT AMOUNT
> ESTIMATED COST
> COMPLETE%
> COMPLETE
> Click ADD

Applying Job Code


Info
Location
Sales > Invoice
Info
Action
> Select a the Sales Invoice
> Click EDIT
> Select an appropriate job code
> JOB select Project-MBS-01 
Select an appropriate job code to relate to this sales invoice.
Note that if there are more than one line items in the invoice, you can assign the value of different job code the same invoice.
> Click UPDATE
Info
Location
Purchases > Supplier Invoice
Info
Action
> Click Purchases activity
> Click Supplier Invoice module
> Select a the Supplier’s Invoice
> Click EDIT
> JOB select Project-MBS-01 
Select an appropriate job code to relate to this sales invoice.
Note that if there is more than one line items in the supplier invoice, you can assign the value of different job code the same invoice.
> Click UPDATE

Get Job’s Report


Info
Location
Report > Other > Job Costing
Info
Action
> Click REPORT activity
> Click OTHERS
> Click Job Costing
> JOB select Project-MBS-01
> Click REFRESH
> INCOME
> COST OF GOODS
> EXPENSES
You will be able to see those documents value that you have earlier tagged – sales invoice and supplier invoice appearing the list.
Note that you can do a drill-down by doing a double-click on the line of the list.
> Click PRINT You can do a printout of the job profit & loss.

    • Related Articles

    • Report / Multi-Year Project

      Multi-Year Project Create a Chart of Account for Project Claim In order for you to capture the value of the progress claimed, you are required to a chart of account to monitor it. Location Setup >Accounts > Chart of Account Action > Click SETUP ...

    • Inventory/ Understanding Stock Item Costing

      How Is Stock Item Costing Calculated? The system uses Weighted Average Cost as the method of calculating Ending Inventory cost. It takes Cost of Goods (Stock Items) available for Sales and divides it by the total quantities of the goods. This gives a ...

    • Inventory/ Item Group, Items, Warehouse And Location Code

      What Is Item Group? Info > Item Group Controls which General Ledger Account the double- entries are posted to. > Item Records the description of the Stock item, and set which Item Group it belongs to. Renaming Existing Item Group Location Setup> Item ...

    • Inventory/ Stock Report / Financial Report

      Stock Report Location Report> Stock ActionClick REPORT activity > Click INVENTORY > Click STOCK module > Click REFRESH The report shows the latest stock status of all stock items. Note that you may enter at Filter to search for specific Lot No., ...

    • Report / Budgeting

      Budgeting Location Budget Action > Budget Group This enables you to give a name to your budget. You may have as many Budget Groups as you like. E.g. Sales 2012 Budget, Expense 2012 Budget, etc. > Budget Registration This enables you to give a name to ...