Job Costing
Definition
Costs you've contractually agreed to but haven't been invoiced for yet, such as open purchase orders and subcontract balances.
Actual costs lag reality. Committed costs show what's already locked in, which makes your cost-to-complete estimate far more reliable and surfaces overruns before the invoices arrive.
Tracking labor, materials, equipment, subcontractor, and overhead costs against each individual project and cost code, so you know what every job actually costs.
The estimated remaining cost to finish a job. Together with costs to date, it sets total estimated cost and drives percent complete.
Job Costing
Company-level profit hides losing jobs. A practical setup for cost codes, labor burden, and committed costs so every project shows its real margin.
Done-for-you construction finance
BuildFlash runs your monthly finance on top of the software you already use, with a fractional CFO reviewing the numbers with you.