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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.

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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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  • 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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