Job Costing is a management technique that applies Cost of Goods Sold (cost of labor, materials, sub- contractors and Equipment) with a specific job; such as a complete heating air conditioning system replacement. These costs are later applied against the sale price of the job. Gross profit is calculated and compared to what was estimated. At this point, commissions might be paid based on the profitability of the job.
Introduction The Job Costing Overview Report was created for a quick review of your cost on a particular job. This single page report will show you everything you need to know from open purchase orders, unbilled reimbursables, a breakout of the type of COGS and expenses you have spent on the job, pending estimates, the