Available in Sage 50 Premium Accounting and higher.
Job Costing and Time & Billing
If you use jobs to track projects for customers, you can also use time and expense tickets to track service-related activities and expenses used to complete a project. In this way, you can effectively track job profitability and labor (whether by an employee or vendor).
Advantages to using Job Costing include:
- You can record billable and non-billable time spent or expenses incurred while completing a job, phase, or cost code.
- You can invoice a customer for billable time spent or expenses incurred based on an individual job, phase, or cost code.
- You can record and track labor costs in payroll for timed activities performed to complete a job, phase, or cost code.
- You can manage employee- and vendor-activity expenses by jobs using Time/Expense reports.
- You can consolidate time and expense tickets on sales invoices into single line items by job.
Related topics
Accounts Receivable and Time & Billing