Job Costing for Construction and Builders using Reckon Accounts and Cosmic Master Job Cost application
Job Costing using Quick Books plus Add on Cosmic Master Job Report , makes a fantastic reporting tool for Builders and construction business.
Reckon Accounts Enterprise is the top end of the software in the Reckon Accounts line. Its reporting ability together with Cosmic Master Job Report gives a superior reporting for builders and construction and service industries.
Reckon Accounts has got item feature which we tailor to use as cost centers for builders and constructions companies
Construction and builders normally keep their record of cost centres as shown above, this way we are able to get each cost centres picked line by line .
The builder is able to get Progress claim done to his client and all cost is picked up by using Bills by first raising Purchase Order .
For Builders to do proper Job costing it is essential to raise a Purchase Order to be able to track what they ordering properly
When we get the good delivered on the items raised by Purchase Order, we us enter bills to record to bring these items supplied by the supplier. At this point Purchase Order screen pops up , allowing us to choose the relevant P.O. and match the Quantity and cost into the Reckon Accounts.
Reckon Accounts is also good in handling labour for Job costing for Builders and Construction companies.
It can track same way the items (goods or services )are tracked , we can track by each labour the actual hours spent , what job and also link the item to the employee.
Once the all the entries have been , we can now move towards more advanced job costing reporting
Using Cosmic Master Job Cost application. This tool is a must for Builders and Construction business .
Cosmic Master Job Cost has got a video 1 uploaded in the gallery page and it can be downloaded for a full 3o day trial from Download page. There will be further videos made to show its great features in reporting for Builders and construction job costing.
Cosmic Accounting Group is available for any one wanting to know further about Cosmic Master Job Cost application. Please contact us at Contact us Page
This tool is priced reasonably for a small to medium size business budget. This is the ultimate reporting application for any one who likes to get the advance job costing be it builders, construction or any other type of contractors , service and management consulting etc. There will be more articles written and very near future.
Creating Estimate/ Quote using Markup for Builders and Construction Business
Once again using Great feature of Reckon Accounts to build an estimate is a almost 1st step to be able to have a reports showing Job costing for Builders and Construction industry.
As we can see that we added to the cost of each item in this case for Construction business markup to come to a Contract Price or Estimated Quote. I could not display Total Column due to space .
Once Estimate is done, of course this becomes the basis of all other process to follow: Creating an invoice, or Progress claim Invoice , Creating Purchase Order, using all these line of items and then receiving thes items as bills form our suppliers.
Affordable Job costing software for Builders and Construction business
Times have been getting hard there for many businesses, and makes it harder , in building industry, in regards to getting a low priced financial software to be able to specialist reporting needed by the Construction owners.
There are many great Construction software in the market , will do nearly everything required by the business owner. However, for a small to medium sized business , to buy these systems can be very expensive, and not within their budget. Small to medium business can look at another option , the software package is Intuits Quickbooks and Reckon Accounts for small to medium and even large companies.
Intuits Quickbooks and Reckon Accounts has great feature of Job Costing for Builders and Construction Businesses. It has got features like creating an Estimate or Quotation with each cost centres , putting a mark up by dollars or % and achieving the Contract price, the Quotation format can be customised top look like a letter head or like a professional quotation.
- We are able to create a job linking to the customer , can create sub jobs and create variations
- All these jobs are linked to the income and cost as we do invoice and record payments.
- One great feature is able to Progress claim invoice , by %, by dollars. And be also see what has been invoiced previously.
- Great Purchase Order ability to link each item of cost to any job
- It has got Class or Division category , we can assign to what division or type of business.
- All labour is able to cost to jobs, ability to use time sheet to enter hours.
In addition to all these , when one wants to look at advance job costing reporting , there is an advanced reporting tool which can be run along side .
This is a great tool for builders and construction business who needs to see their job costing reports This gives in one display report : job number, job descp, customer, Estimate cost , estimate with markup, total contract price, last invoice to date, Purchase order raised, items left to be used, bills charged, labour cost and many more.
This Job costing tool is must for every builder or construction owners , it is budgeted priced and can be obtain from our Down load page and video gallery .
Once again , Intuits Quickbooks and Reckon Accounts is one of the best , within the budget software for builders, construction , businesses.