Available in Sage 50 Premium Accounting and higher.
Job
Costing and Time & Billing
How Do I...
If you use jobs to track projects for customers, you can also use time
and expense tickets to track service-related activities and expenses used
to complete a project. In this way, you can effectively track job profitability
and labor (whether by an employee or vendor).
Advantages to using Job Costing include:
- You can record billable and non-billable time
spent or expenses incurred while completing a job, phase, or cost code.
- You can invoice a customer for billable time spent
or expenses incurred based on an individual job, phase, or cost code.
- You can record and track labor costs in payroll
for timed activities performed to complete a job, phase, or cost
code.
- You can manage employee- and vendor-activity expenses
by jobs using Time/Expense reports.
- You can consolidate time and expense tickets on
sales invoices into single line items by job.
Related topics
Inventory and Time & Billing
Payroll and Time & Billing
Accounts Receivable
and Time & Billing
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