Job Costing

Providing accurate job cost can be time consuming, but Dynamics NAV can help you do it profitably. Dynamics NAV Job Cost allows you to:

• Created estimates that include inventory items, resources, and other expenses
• Place tighter controls on costs
• Organize your resources for maximum efficiency

Having detailed accounting of all cost and billings for a project or job is the purpose of the Jobs functional area. The Jobs functional area can reduce the amount of detail you need to maintain in the General Ledger.

As costs are incurred on a job, they are recorded in the job ledger, as well as passed to the other areas of the system, such as accounts payable for the vendor. This prevents costs from going unbilled. Then billing is automatic for all costs that are chargeable. You can use the Jobs functional area for traditional construction job costing or for service-oriented time and billing.

Basic Jobs

• Track of inventory, resource, and other usage on long term jobs for customers
• Usage transactions are posted from the job journal
• Job sales transactions can also be entered through the job journal
• Customer invoicing option
• Integrated with General Ledger
• Resources are recommended.

Budgets/Estimates

• Assign job budgets or job estimates to jobs.
• Percent of completion method
• Recognize costs and revenues based on the relative completion of the job
• Budgets or estimates can include inventory items, resources, and other expenses.
• Copy details from other budgets or estimates.
• Actual usage and sales
• Detailed comparison with estimated costs and sales prices.
• Basic resources provide for detailed capacity planning.

Phases/Tasks/Steps

• Organize Job Budgets/Estimates into phases, tasks, and steps.
• Ability to refer actual usage and sales to the phases, tasks, and steps of the budget