Job Costing & CIS
Job Costing Software & CISEffective job costing software must encompass a project, cost and time module. Visibility of the status and profitability of individual jobs is paramount to business efficiencies and success. At ATW we recommend Job Costing software systems which offer full integration with other processes within the business, this allows projects to have real time visibility of information such as committed values from Purchases order processing and showing at a glance a mini P&L for each job or group of jobs. Needless to say every transaction has the facility to be posted to a job so the costs can accumulate automatically. Revenue is also accounted for so that the job profitability is instantly available at all times. In the past many processes based around Job Costing have been very manual and time consuming which obviously has impact on the accuracy of your system and the current status of a Job. Procedures such as Timesheet entry and CIS calculations can now be dealt with from within the Job Costing software system. Using technology such as OLE with Excel spreadsheets, timesheets can be imported with minimum re-keying, Alerting software can notify you when your margins are falling and the CIS (Construction Industry Standard) module can automate the entire process of managing sub-contractor payments, from data entry to electronic submission of vouchers and year-end returns to the Inland Revenue. This provides the opportunity to reduce the time spent managing sub-contractor payments and CIS regulatory compliance. |
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ConstructionDistributionNot for profitManufacturingOrder processingStock controlInvoicingE-commerceJob costing & CISManagement reportingChoosing the best accounting softwareExchequer |

