Arrow Financials – Job Costing Module
The Job/Time Costing module is integrated to the other ARROW ACCOUNTING MODULES.
It has the flexibility of allowing you to use the module for job costing, time costing or both.
Features
System allows you to recost your estimates by creditor, stock, activity or all.
Creation of job invoices can be manually or automatically generated, from markup, cost or charge out value.
Job write ons and write offs are catered for.
Allows for stock to be issued to jobs.
The system provides for parent job, sub job, cost center, activities. This format allows for total job and time cost analysis.
Allows you to consolidate sub jobs into parent jobs. There is no limit on the number of tiers to which you may wish to consolidate up to.
Report Writer allows you to select job data in different sequences and report on them.
Staff activity reports can be generated showing both non chargeable and chargeable time.
Allows you to create estimates, which can then be printed as quotations.
Comparison reports between actual and estimated costs.
Allows for default markup to be used or can enter individual markup.
Creditor invoices can be entered and will update the creditors module.
Provides calculation of job work in progress.
Time sheet entry allows line text and block text to be entered.
Screen inquiry of jobs, by transaction type, selecting to view Current, Old, Future or all transactions.
Inquiry facility includes uninvoiced cost value.
Allows you to set up a standard cost and chargeout rate for each employee, but allows you to set up additional cost and charge out rates by activity by employee if required.
Job/Time Cost reports include
Invoice Summary.
Exception reporting.
Transaction/tax listings.
Job quotations and estimates.
Ledger reports.
Job invoices.
Job summary reports.
Staff activity reports.
Report Writer.
Job status reports.
Margin/variance report.
Cost center listings.
Benefits
Extends staff time sheets and reports on staff efficiency.
Prescribed payments are automatically calculated based on an overriding percentage or a certificated percentage provided by the taxation department.
When generating job invoices, debtors balance in the Debtors module is automatically updated.
Allows recasting of estimates by individual groupings, i.e. Creditors, Stock, Activities or for all estimated items.
Allows sub jobs to be consolidated into parent jobs, with no limit on the number of tiers.
Monitors actual cost against estimated cost and calculates variance and percentage variances.
User defined job reports can be produced using the Report Writer facility.
Creditor invoices can be entered and will automatically update the-Creditors module.
Produces quotations for customers automatically from estimates.
Links activities to employees with varying charge out rates based on the employee and each activity. Therefore different charge out rates can be used for the same job depending upon which employee is involved.
Integrated Solution
The job and time costing module has integration links to the following Arrow Financial Modules:
Creditors
General Ledger
Stock
Bill of Materials
Debtors
Payroll (Australia Only)
Purchase Orders