An Overview of Job Costing

If you are an architect, graphics designer, mechanic, lawyer, builder or similar your income is derived primarily by selling your skills and time. In order to maximise your income, you need to manage and record the time you spend on specific projects or for specific clients.

In addition to time, you may have incurred direct expenses in completing the work (courier charges, parts, subcontractors and more). You will want to recover these expenses from the client when you bill them, or, if you have provided a fixed quote for the work, you will want to check that you have made a profit when the job is completed.

The job costing within MoneyWorks allows you to keep track of time and disbursements, and if necessary automatically invoice these.