Job costing is an important function in the construction and service industry. To find the job cost, all costs for one specific job or a batch of manufactured goods are calculated. This includes materials, labor, and overhead costs. The costs carry forward through the life of the job or the batch.
Any industry can use job costing to make sure product and service pricing covers the actual costs and overhead and allows a profit to be earned. Long-term accountants generally know how to work out a job cost by hand, but these days there are plenty of accounting software options that will make the process easier.
If you are a veteran numbers cruncher, you remember the old calculator and stubby-pencil method when it came to keeping.
We often find ourselves presented with a common question--"How do I know when it is time to switch to an accounting.
As we wrap up the last week of our Accounting Education Back to School Series, we're taking a close look at a subject.
Our clients don't worry about tips for using QuickBooks because they know we're on top of it for them. However, since.
Lately we've been exploring some new accounting technology providers for our clients--and today's education post.
Today's Accounting Education Series is from our friend and partner, TSheets. You've probably heard us talk about.