Job Costing

The MasterTrak© Job Cost application provides the Contractor or Manufacturer with a system for accumulating all costs related to jobs that have been established. A complete audit trail is maintained using a detail record for each job cost transaction by fiscal month and year. Each accounting application generates job cost distributions based upon the type of transaction being processed. These distributions are identified by the source application and the type of originating transaction. Job Cost activity can be reported by Job, Cost Category (i.e. Phase, Item, Class) and by source application, source transaction type and individual cost/billing entry.

The Job Cost application maintains master files to store demographic and budget data related to each job. The information that is stored includes such data as customer, description of work, address, labor rate package, job completion status, and retention to be held.

General Capabilities

Reporting by Job Reporting by Cost Category Reporting by Job detail transaction

Budgeting by category Multiple phases and items Type Charges(labor, material,etc.)

Demographic date Retention by job Original Contract/Change Orders

Include committed Costs Apply Percent Complete

Master Files and Transactions

Job Master Phases, Items, Classes Job Billing/Receipts Adjustments

Cost Burden Rates Cost Adjustment Batches Cost Entry Batches

Cost Category Job Cost Clearance Percent Completion

Archive Job History

Reports

Job Summary Job Cost Category

Job Detail Over-Under Billing

Job Cash Flow Bond Reporting

Job Statements Work in Process

New Contracts Completed Jobs