Job Costing
& Projects

Sage job costing solutions give you an accurate, day-by-day picture of your job costs. So you always know where you stand against your project budget.

Job costing brings together the costs of materials, labour, and any other expenses for a particular job.

Job cost accounting will track these various costs along with any revenue to determine the profitability of the said job.

Job cost software organizes the different costs within a job into categories for control purposes. This type of software can help determine profitability, report ongoing costs, and manage invoices and expenses. Job-cost software automates an accounting system that tracks the accumulation of costs and revenue for each job. Key areas of job costing include labor costs, materials, and overhead. Accurate budgeting and estimates depend on the accuracy of these figures.

Accurately predicting job costs in the trades can make or break your bottom line. The more construction companies and other service businesses know about the actual costs of providing a full scope of services, the more informed decisions they can make to increase company profit.

Benefits

  • Deliver projects on time and on budget – If information is unclear, departments are disjointed and uncommunicative, or company heads lack visibility across the company’s finances and data, mistakes can happen. Only when data is accurate, up-to-date and delivered without delay, and easy to access for all who need it, can it be genuinely useful; when it’s not, a project quickly disintegrates.
  • Predict safer profits and cash flow – From estimating and bidding to purchase orders and invoicing, job-costing management software increases your efficiency and revenue.
  • Track Progress on Job Details – Stay on top of job progress from start to finish and make adjustments based on real-time data.
  • Track committed costs – issue and track purchase orders and subcontracts to give you the clearest picture of every cost connected to a job.
  • Monitor labour costs – Labour is your biggest risk to losing money on your jobs. Capturing and reporting work time on a daily, rather than a weekly, basis will improve time sheet accuracy and give you a more current view of labour costs.
  • Set up alerts – Simply set up an automatic alert that notifies you when jobs haven’t been billed, profit falls below a specified percent, or another event occurs that could impact your job costs.
  • Manage Project Financials – Up-to-date data means you can stay on top of budgeted versus actual cost, allowing you to manage cash flow, make faster decisions, and stay within budget. The breakdowns show clear variances in cost, as well as at-a-glance percentages of the budget used, to increase functionality.

Core Products

Sage 200

Control your business and gain complete visibility over your operations. You can also manage multiple companies and access key insights and reports on the go through Excel. Get business-wide, market-leading software full of the features and functionality you need when you need them – and with scalable solutions that grow with your business.

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Sage 50cloud.

Sage 50cloud Accounts combines the convenience of the cloud with the power of desktop accounting software, giving you a complete view of all your business finances in one place.

Run your business more efficiently with a time-saving in-depth solution to manage your accounting, invoicing, cash-flow, inventory, taxes, and so much more. From invoicing customers and paying suppliers, to dealing with every aspect of your VAT and accounts, it helps manage all the different areas of your business. It gives you the reliable information you need to stay in control and drive your business success.

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Integrations 

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Sicon

Sicon Projects is designed specifically for Sage 200, integrating with Purchase ledger, SOP, POP, Stock, Time Recording and Works Order Processing. This highly configurable Job Costing module allows you to accurately control your projects and analyse profitability at multiple levels against as many cost heads as you require.

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Eque2

Construct for Sage, Eque2 delivers transparency, functionality and accountability and is the perfect solution for small and medium size contractors. It’s an integrated system for managing job costing, quotations, CIS, subcontractor management and applications & valuations, removing the need for manual spreadsheets.

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