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Job Costing Overview

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Omni Job Costing, Accurate and Powerful

Manage the cost of your jobs accurately

Labour costs
Buy out costs
Stock usage
Outwork costs

Plan you raw material requirements efficiently
Analyse actual cost of jobs versus estimates
Determine the value of all your work in progress at any time
Create additional Job Costing related reports using Omni’s powerful Report Writer

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Cost Allocations from

Once a Job has been created, 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, including:

Source Processing

Costs can 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

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, 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.

Outwork/buy-outs

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 galvanizer, these expenses may be allocated to the Job via the Non-Stock Tab, by linking a Supplier Invoice to the Job.

Sundry

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 and will also appear under the Expenses Tab.

Labour

Lastly, Labour can also be allocated to a Job. 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.

Job Costing remains in-synch with your Accounting System

Because Omni Accounts Job Costing Module 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 Comparisons

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 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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Omni Accounts is shipped inclusive of a single user. Should you require the ability to have more than one user accessing Omni Accounts at any one time, you will need to purchase Additional Users.

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Banking
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Omni's Banking Module is fully integrated with the Nominal (General) Ledger, Customers, Suppliers and optionally supports Foreign Currency Bank accounts.

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Omni Accounts provides for the capturing of customer-relevant data within the Customer Master File, situated within the Debtor Module...

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In addition to boasting a number of incredibly powerful, specialised features, Omni Accounts boasts more generally expected features such as a fully customisable...

Job Costing

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Job Costing
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Omni Accounts Job Costing Module allows you to create Jobs and post costs from Supplier Documents, Stock Issues, Banking and Nominal Ledger. Jobs can be invoiced based on what was quoted...

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Nominal Ledger
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All Omni Accounts Products include a full Nominal Ledger. This can be used as a standalone function or run concurrently with your Customer, Supplier and Banking Modules...

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Omni accounts Inventory Control Module allows you to capture stock items, their descriptions and their selling prices. It will allow you to track levels and can be linked...

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Omni Accounts provides for the capturing of supplier-relevant data within the Supplier Master Files, situated within the Creditor Module of Omni Accounts. Within the Creditor Module...

What our clients have to say...

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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
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I must say that Omni has been the best accounts package I have seen on the market - it has given us flawless results over the years.

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WOW !!!!! Omni Accounting package what a pleasure to use this package not only is it easy to use but the support team actually supports. I have no accounting knowledge, and I have wasted money on purchasing other packages, yet with Omni Accounts it was 1 - install 2 - activate 3 - setup your company to your own preference and 4 - there you go!

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I had no previous experience in working with an accounting package but found Omni very easy to use. And It is so uplifting to see that there are still businesses that do care about their clients.

Alex WaltersLexwal Management Services
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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Add-on Products

Job Costing Overview

Omni Job Costing, Accurate and Powerful