Construction
Job Costing
Integrated Job Costing makes it easy to stay on top of job budgets and costs. Get Real Time Data anytime, anywhere.
Understand Job Profitability at Any Stage
Without a powerful job costing solution, you may struggle to determine if jobs are profitable before the project is complete. Fortunately, there’s a technology that can help with your job costing tracking efforts.
- Better manage job budget and control labor and material costs
- Minimize risks and maximize job profitability
- Easily run WIP & Over/Under billing reports with full drill-down capabilities
- Accurate billing information available at your fingertips whether it’s Progress Billing, AIA Billing, T&M Billing, or Unit Price Billing
Make better-informed decisions with job costing accounting software you can trust.
WHAT OUR CLIENTS SAY:
The main reason we switched to Jonas Construction was its robust job costing feature. It makes our lives easier every day. Our legacy software was inefficient which led to lots of manual work and inaccurate calculations which resulted in lost profitability. Jonas job costing software streamlined our job accounting processes and make us more efficient and profitable.
Patsy Roy
Operations Controller
Job Costing Functionality
Stay on Top of the Cash Flow
Healthy cash flow is priority number one for construction businesses. Without proper job costing, it’s tough to know if you are going over budget. Make every job profitable by avoiding unexpected surprises.
- Understand where every dollar goes for keeping safe margins
- Identify issues before they become major problems
- Monitor job over/under billing for real-time cost control
- Closely track change orders to better understand the cost impacts of each change and avoid costly overruns
Stay Informed with Accurate Reporting
Reviewing your cost reports regularly can help you keep a finger on the pulse of your project. With job costing reports, you can identify issues before they become full-scale problems.
- Easily identify which areas are bleeding cash, and where the profit margins are better
- Design and customize your reports by leveraging the power of our built-in business intelligence solution
- Identify trends and use the data to make more accurate bids
Stay Agile with Cost Updates
Easily see estimate vs actual costs and keep track of costs for labor, materials, equipment, subcontractor and overhead costs required for a project.
- Get insight into and compare estimated vs actual costs so you can see how a job is progressing
- Easily compare original invoice values with supplier charges
- Understand what to bill and when to bill
Stay Efficient with Smart Automation
Streamline your construction workflows and focus on activities that generate more value. Changes in other modules are instantly reflected in the job costing module so your manual efforts are minimized.
- Automatically create jobs and estimates without the hassle of redundant administrative tasks
- Import estimates from your favorite third-party construction management software
- Automatically calculate any labor costs and apply them directly to the job costing
Stay Connected with Full Project Management Integration
Job costing functionality is fully integrated with accounting and scheduling which means that you are always in sync with core processes. You are fully in control thanks to accurate and real-time data.
- Automatically track and update conflicts
- Avoid double-booking of equipment and employees
- Invoice management: Match payments to the invoices and record what has been received
Stay on Track with Automatic Project Forecasting
Manual job cost forecasting is time-consuming and still leaves room for error. Intelligent projections help you build accurate forecasts and support your data-driven planning. Ensure your jobs stay on budget and according to the plan.
- Track the real costs and projects of your construction job activities
- Forecast cost-to-complete for every job, no matter how complex
- Attain final costs and measure against estimates and past performance
Jonas Cloud Takes Your Job Costing to the Next Level
Without a powerful job costing solution, you may struggle to determine if jobs are profitable before the project is complete. Fortunately, there’s a technology that can help with your job costing tracking efforts.
Client Case Study
growing their business, enhancing customer satisfaction, and integrating their functional areas, BCI realized that their previous software system no longer meets their needs going forward.
Having Jonas in place has provided BCI with:
- Greater insights into their construction business
- Real-time cost information
- Job tracking capabilities
- The ability to ensure that they are not falling behind or losing money before it's too late
Frequently Asked Questions
Job Costing software is designed to help project-focused businesses forecast and maintain records of project costs. This allows you to provide detailed and accurate price estimates for the services you provide.
Job costing software helps construction companies gain real-time insight into the specific costs for each job for improved project management and cost control. Companies use this software to maintain profitability through the integrated management of pricing, invoicing, change orders, purchase orders, labor costs, budgeting, and more
This includes
- Actual costs and revenues recorded by processing transactions from the following systems: Accounts Payable and Accounts Receivable, subcontract, Equipment, inventory, payroll, and general ledger systems.
- Committed costs are recorded once subcontracts, approved change orders, or purchase orders are setup. The job costing system tracks all commitments, including total and remaining ones.
- Forecasting costs are calculated and recorded by the following methods: estimate to complete, forecasted at completion, and percentage completion.
- Quantities/units of production
- Labor and equipment hours
- Extensive job information including name, address, customer, etc.
Many businesses in the construction industry choose to switch from a standalone job costing software to an ERP software suite when their company grows and scales. It may be time to make the switch to an ERP solution if you are dealing with too many standalone systems that don’t integrate, if your manual processes are becoming too time-consuming, and if you need greater visibility into your business metrics.
Don’t Let Your Construction
Business Fly Blind!
Your Construction Projects.
