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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
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