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Job Costing Module



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Omni Job Costing - Accurate and Powerful

  • Labour costs
  • Buy out costs
  • Stock usage
  • Outwork costs

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Manage the cost of your jobs accurately

• Labour costs
• Buy out costs
• Stock usage
• Outwork costs

Cost Allocations in Job Costing

Once a Job has been created in the Job Costing Module, it can be linked to a quotation, once the quote has been accepted by a customer.
The Job would also be linked to the relevant Customer Account as well. Costs can be allocated to the Job in a number of ways (see features).

Posting into Job Costing from source documents

The Job Costing Module allows costs to be allocated to a Job at the same time a source document is created. This includes when stock is added to a Supplier Purchase Order. The Purchase Order will automatically prompt you whether a stock item added to a Purchase Order needs to be allocated to a Job. At this stage your buyer will be able to select the correct Job number to which the stock needs to be allocated. As soon as the Supplier Invoice/Delivery Note arrives, the stock will be automatically checked-in and then automatically allocated to the Job.

Stock Journal Entries into Job Costing

Alternately, if your business carries a large amount of inventory in a stockroom, you may wish to have your store-man issue stock to a Job through a Stock Journal Entry. This effectively ‘pushes’ stock onto a Job Card within the Job Costing Module, according to what is required. If a bulk amount of stock is issued, for example grease in the context of a car service, the unused grease following the completion of the Job can be receipted back into stock via a similar journal entry.

Managing Outwork or Buy-Outs in Job Costing

In the event that your business is required to involve the services of another business in a particular Job, such as when a fabricator requires the services of a galvaniser, these expenses may be allocated to the Job in the Job Costing Module via the Non-Stock Tab, by linking a Supplier Invoice to the Job.

Allocating Sundry costs into Job Costing

The same is true if your business incurs once-off petty-cash expenses when they are delivering/installing the product of the Job, for example. These can be made via a Cash-Book entry and allocated to the Job in question in the Job Costing Module and will also appear under the Expenses Tab.

Labour

Lastly, Labour can also be allocated to a Job in the Job Costing Module. You are able to create different Labour Categories within Omni Accounts Inventory Control Module, configuring the relevant selling and cost prices of each. You are then able to configure Employee Profiles for each of your employees, which can then be linked to their respective labour category. At the close of work each day, your costing department will be able to issue the respective number of hours worked by each Labour Category to the Job via a Stock Journal Entry.

Synchronised Accounting

Because the Omni Accounts Job Costing Module is fully integrated with the other Omni Accounts Modules and therefore the General Ledger as well, it will always remain in-synch with your accounting system as a whole.

Estimated vs Actual Cost Comparison

As soon as a Job is linked to a quote, the Omni Accounts Job Costing Module will automatically update the ‘Estimated Fields’ with whatever stock/non-stock was included in the quotation. At the end of the Job, Omni Accounts Job Costing Module Summary Tab will allow you to make comparisons between what was estimated for the Job and what was in fact used in the way of materials, including such information as GP% etc.

Typical Job Costing Applications

Omni Accounts Job Costing Module is ideally suited to the construction industry, bespoke manufacturers, engineers, road freight industry (costing of vehicles), consultancies etc.

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  • In Omni accounting we have found an easy to use system with a comprehensive stock module which suits our demanding needs. And For ease of use, versatility, support and value for money, you will not find a better accounting package.

    Zane ValiVali's Auto Electric (Pvt) Ltd
  • When I retired I needed a product to record my home and personal expenses to live within my budget. I needed something more versatile and easy to use to what I was using at the time. Having already experienced the likes of 4 different top accounting packages on the market Omni is definitely my first choice.

    Andries S Janse van Vuuren Lyttelton

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