Every transaction carries job, phase and cost code from the day it posts. Budget vs actual, commitments, job cost detail and the WIP schedule read from the same figures, so the project manager and the controller look at one number. Jobs and cost codes stay matched with the ERP you run today.
A bill, a receipt, an approved timesheet or a journal entry carries job, phase and cost code when it posts. There is no second job cost ledger to reconcile to the general ledger at month end, because the dimensional ledger is both. Costs roll up from cost code to phase to job to company.
Budget vs actual shows each cost code with what has posted, what is committed on open purchase orders and subcontracts, and what is left. Drill from the line to the transactions behind it. A cost code that is heading over budget shows it before the next bill arrives, not after the period has closed.
Cost code templates set up a new job's cost code list in one step, so every job is coded the same way and reports compare across jobs. Projects carry their budget, commitments and cost to date, and job cost detail lists every transaction behind the totals, by cost code.
The WIP schedule works each job's percent complete and earned revenue from cost to date and the estimate at completion, and shows over or under billing against what has been billed. It reads the same job cost as everything else, so there is no spreadsheet to rebuild at quarter end.
The same module, used by the owner, the general contractor and the subcontractor. One example each.
An owner tracks each capital project against its budget by funding source as well as cost code. Commitments show what is under contract but not yet billed, and the budget vs actual line says what is left before the next draw request goes out.
A GC's project manager and controller read the same job cost detail, with subcontract commitments, the bills posted against them, labor from approved timesheets and the WIP position. Over or under billing shows per job without a month-end spreadsheet.
A sub sets each job up from a cost code template that mirrors the estimate. Supplier bills and payroll land on those codes, so budget vs actual compares to the bid line by line and the WIP schedule is ready at quarter end.
Jobs and cost codes match on both sides through Integrations, and a cost posted here lands in the ledger you keep with the same coding. Take job cost on its own; AP, AR and the ledger stay where they are until you choose to move them.
Pricing follows what you use. Every part of the platform can be taken on its own and kept in sync with the systems you already run. Talk to us about pricing for your company.
Talk to us →Is job cost a separate ledger?
No. Every transaction on the ledger carries job, phase and cost code, so job cost detail, budget vs actual and the WIP schedule read from the same postings as the trial balance. There is nothing to reconcile between them.
Can I take job cost without moving my ledger?
Yes. Job cost runs on its own, in sync with the ERP you have through Integrations. Jobs and cost codes match on both sides, and postings land where they belong.
How does WIP get its figures?
From job cost. Percent complete comes from cost to date against the estimate at completion, earned revenue follows from it, and over or under billing compares that with what has been billed on the job.
What about materials and equipment?
Inventory covers warehouses, stock levels, receipts, issues, transfers and adjustments. The catalog holds items, rate cards and equipment. Both sit beside job cost in the same module.
We use a small number of first-party cookies to understand which pages visitors find useful. No advertising, no third parties. Privacy notice
