Definition

What is Job Costing?

Job costing assigns every expense, such as technician hours, materials, equipment and subcontractors, to the specific job it belongs to. Comparing those costs to what you charged shows the true profit on each job and each type of work.

Without it, businesses often discover too late that a popular service barely breaks even. With it, owners can adjust pricing, spot overruns early and decide which work to pursue.

Automation helps by syncing time, materials and invoices from field-service software into accounting so job cost reports update automatically.

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