Entering Different Types of Costs Into Sage 50 (Job Costing)
Different types of costs that you incur in the course of working on a job are entered into Sage 50 in different ways. Below is a table explaining how to get the most common types of job costs into Sage 50.
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Inventoried Materials |
Inventory Adjustments: Use this routine when you do not bill based on the sales price of the inventoried item. If necessary, you will be able to bill by the item later in Sales Invoicing by clicking the Apply Tickets/Expenses link. Sales Invoicing: Use this method if you bill by the part and bill based on the regular sales price of the item. |
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Non-inventoried Materials |
Purchases/Receive Inventory: Enter the costs in Purchases/Receive Inventory when you get the bill from the vendor. |
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Direct Labor |
Payroll Entry: If you use Sage 50's Payroll, enter the jobs and hours on the Labor Distribution to Jobs window in Payroll Entry. You can open the Labor Distribution to Jobs window by clicking the Jobs button on the toolbar. General Journal Entry: If you outsource your payroll, you can enter lump sums for jobs using the General Journal Entry window. |
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Sub-Contracted Labor |
Purchases/Receive Inventory: Use this window to enter amounts when you are billed by the contractor or vendor. |
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Equipment |
Purchases/Receive Inventory: Enter these costs when you receive the bill from the vendor. |
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Overhead |
General Journal Entry: Enter your overhead costs here. |