Job Cost Module Features
- Job costing includes cash and accrual basis costs, with fiscal year-to-date and job-to-date totals
- Job Master is used to set up or change job site info
- Set up estimated costs and billing information in unlimited detail
- Link billing info to one or more G/L revenue accounts
- Link to a default Workers Comp code
- Link to job site-specific payroll deductions
- Create a custom list of cost categories to use on all jobs
- Cost categories may be linked to an expense account
- Job Estimate Import creates a bridge between your estimating software and AccuBuid
- Any estimate that can be exported to an ASCII file or Excel spreadsheet can be imported into a job to create budgets and a schedule of values
- Job Cost Master is used to customize a list of cost categories to use on one job
- Billing breakdown automatically generates contract amounts for each item based on the job estimate
- Contract billings include six different formats, including AIA and Residential
- Billings can be based on Percentage, Amount Complete or Units Complete
- Retention is automatically calculated based on a percentage assigned to each billing item
- Integrated link between billing items and subcontract items makes Subcontractor Payment processing easy
- Reprint Contract Billings at any time
- Void Contract Billings feature reverses all entries and reinstates invoice in user batch for editing
Featured AccuBuild Construction Software Job Cost Reports
Committed Cost Report
The Committed Cost report works in conjunction with the Orders module to track cost commitments for purchase orders and subcontracts. What makes this report so valuable is the timing of the cost information. As purchase orders and subcontract orders are entered into the system, they immediately create a committed cost on the project, which can be compared to the cost estimate to identify cost overruns early. By monitoring your costs with this report, you are able to make in-house estimate revisions for cost overruns and/or cost savings. The end result is more accurate Work-in-Progress Schedules and Profit/Loss projections. Accurate profit projections create good faith with your bonding company, which should contribute to an increased bonding capacity.
Contract Status Reports
The Contract Status Reports provide a summary of the profit structure for both in-progress and completed projects, and are very useful for bonding companies, CPAs and in-house management. When a Contract Status Report is selected for a given period, AccuBuild Construction Software will calculate the total contract amount; the total estimated cost; the total expenses including payables; the total billings and receipts; and the total estimated cost to complete. The Contract Status Reports are date driven and can be reconstructed for any cutoff month in the current fiscal year. All contract amounts and estimates are date-sensitive (including change orders). This ensures that reconstructed reports for prior fiscal month ends are always accurate, regardless of current period contract or estimate changes.
Work-in-Progress Schedule
The Work in Progress (WIP) Schedule is a job report within the Contract Status Reports series and is used mainly for financial statements and by the bonding industry. This report shows the revenues, costs and the projected profit/loss for each job. Cost estimates are used to project the percentage complete based on the total costs incurred on the project. Revenues and profit/loss amounts are then computed using the calculated percentage of complet
ion.
Job Cost Capsheet Reports
The Job Cost Capsheet Reports are very useful for monitoring the variance between estimates and actual costs on each project. These reports can be printed at three levels: job totals, job and phase totals or job and phase with full supporting transaction detail. Estimates on each line item (cost phase) are compared to the total job-to-date cost to produce the remaining balance on both estimated units and dollars (variance), along with the percentage of completion on each line item. Costs are broken down by current fiscal year as well as total job-to-date amounts. In addition, a "Payable" column is provided to designate the amount of open payable (unpaid) invoices remaining on the project.
Cash Flow Analysis Report
The ability to monitor cash flow on a project-by-project basis is vital to the prevention of a negative cash flow situation. The Cash Flow Analysis Report compares cash collected with cash paid out to help you oversee each job and ensure that all possible efforts are being made to keep the cash
flow positive for each project.
Job Cost Module Featured Reports
- Job Information Report
- Job Address List
- Job Cost Capsheet
- Committed Cost Report
- Setup Worksheet
- Phase List
- Job Detail Items
- Work-in-Progress and Completed Projects Schedules (Bonding Reports)
Over\Under Billing Schedules
- Current Contract Earnings
- Estimates to Complete
- Cash Flow Analysis by Job
- Contract Receipts
- Detail of Job Billings
- Job/General Ledger Comparison
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