Project/Job Costing
Microsoft Brochures:
Download Microsoft Dynamics NAV Job Costing Brochure
Liveware Brochures
Download Liveware's Job Costing Brochure
Download Liveware's Professional Services Brochure
Project or job costing is a specific accounting/ administration model and can often be mistaken as an industrial based solution. The fact is Job Costing is applicable across a variety of industries; anywhere at anytime and materials are applied against a heterogeneous product; i.e. made to specification.
There are two main environments that Project/ Job Costing are utilised in;
- Time & Materials; typically industrial environments such as Mining Services, Equipment / Asset Manufacture, Metal Fabrication, Construction, Electrical Contracting; the list is endless, anywhere time & materials are accumulated against a budgeted outcome.
- Time; (professional services model); typically Consultants, Architects, Drafting, Service Contract environments such as Information Technology; anywhere time is accumulated against a budget or recurring activity.
The success of project-driven businesses depends on planning, managing and closing projects in scope, on time and within budget. To succeed, companies must adopt strategic and comprehensive financial, project, and resource management practices.
Microsoft Dynamics NAV is a comprehensive ERP application that integrates information about your company’s projects, resources, time, and finances. It’s designed to help project driven businesses improve profitability, efficiency, effectiveness, and customer service while adapting quickly to changing business conditions.
Project / job costing environments differ dramatically from site to site. Liveware possesses a substantial set of customised options for a variety of industries.