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Job Cost Settings

How to set the preferences for Job Cost Reporting

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Written by Ashok P
Updated over a month ago

You can access the Job Cost Settings in the Control Panel to set your preferences for Job Cost, Revenue, and Backlog reporting in projects.

To access the Job Cost Settings, click the following icon.

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This will open the following form.

The following are the settings.

Setting

Description

Job cost equipment and materials once an item is

Here, you will choose one of these four options to determine when the Actual Product Cost will be recognized: Installed (Date), Picked (Date), Received (Date), or Ordered (Date).

Job Cost Labor

Here, you can select whether to include actual labor hours and actual labor cost from just the approved time sheets, or also consider the installed labor items when running Job Cost reports.

The default is Approved Time Sheets Only.

If you want to include installed labor items, select Approved Time Sheets and Installed Labor Items.

Round 'Project % Complete' to 100% for projects with a completed state

Here, you can choose whether to override the actual calculations for Project % Complete for projects assigned a Status with a State of "Complete."

The usual Project % Complete calculation is ([Actual Product Cost] + [Actual Labor Cost]) / ([Budgeted Product Cost] + [Budgeted Labor Cost]).

The default is No.

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