Few contractors know how to track job costs effectively. Very few. The reasons for their struggle are plentiful, but they start with a simple misunderstanding: The term "job costing" implies the goal ...

Job order costing is a system of expense monitoring in which a business only creates products to fill customer/client orders. Employees complete job order cost sheets for each order and usually ...

Costing is an accounting technique used to determine the exact expenses for materials, labor and overhead incurred in operations. Job order costing records the actual materials and labor expenses for ...

Knowing costs is the price of admission to the construction industry. We simply cannot survive if we do not know, or are not able to estimate, the cost of the work and the cost of the resources used.

The request I receive most from contractors is "tell me how to job cost." Why don't they ask me to do something simple, you know, like solving world hunger. Job costing systems are very, very ...