What this does
Job costing compares what you quoted to the customer against the actual costs (labour and materials), showing the profit or loss on each job.
When to use it
Review job costing throughout the project and at completion to understand profitability.
What you'll see
- Quoted Price — what you quoted the customer
- Labour Cost — hours worked multiplied by hourly rate
- Materials Cost — total cost of materials used
- Total Cost — labour plus materials
- Profit/Loss — quoted price minus total cost
- Margin — profit as a percentage of quoted price
Step by step
- Open the job record
- Click the Costing tab
- Review the breakdown:
- Labour hours are calculated from timesheet entries (if Timesheets add-on is enabled)
- Materials costs come from the materials tab
- The profit figure updates in real time as costs are added
Tips
- Monitor costs during the job to catch overruns early
- Use historical job costing to improve future quotes
- Export job costing reports for your accountant
- Set up alerts for jobs where costs exceed the quoted amount