Power Tools Job Costing

You don't need to change your accounting software to get a strong job costing system.

PT Job Cost is an independent job costing software package that provides the tools necessary to enter and track cost, commitments, projections, billings, and change orders to the job. It provides an easy to use menu that guides the user to the appropriate functions necessary to complete the job setup.

PT Job Cost includes completely user-defined job numbers, cost codes and descriptions, cost types, and units of measure. A company address book provides vendors for commitment entry. For this application, the vendor number and name is the only requirement. However, the address book is shared by our other stand-alone software such as Bid Solicitation and Project Management.

Key Benefits:

- Add Job with a user-defined alpha/numeric number. Job Listings are controlled by an Active/Inactive toggle but can be sorted by a user-defined Job Status field.

- Enter original contract and budget amounts including unit cost budgeting. Utilize the Copy Budgets option to duplicate codes from a similar job - with or without budget dollars. Lock budgets to preserve the original budget amount. Changes to locked budgets require a CO or Budget Transfer. Print Budget Reports sorting either by code or type. Also included are budget reports with projections.

-Track Change Orders to both the contract and budget from the point of request to approval utilizing the Request for Change Order (RCO) Summary to review the status.

-Transfer Budget dollars/units within the budget/estimate using the Budget Transfer. Perfect for tracking contingencies.

- Add and Browse Cost Transactions by code and type of work. Include transaction dates, vendors, and manhours for full transaction detail by date. Filter or sort transactions as desired and print selected transactions.

- Enter Projections using the Estimated Total Cost or Project Unit Quantities To Date for each cost item, or let the system Auto Project for you.

- Track subcontract and purchase order commitments by code and vendor. Review the budget and utilize the projections directly from the commitment screen. Print Committed Cost reports to determine the buy-out by code or by job.

- Enter and Browse To-Date Accounts Receivable Billing and Receipts.

- Prepare for monthly progress meetings with the Job Financial Summary. The Financial Summary tracks contract, change orders, cash position, schedule, and a summary of the cost forecast by type.

- Determine overall percent complete and over/under billings with the Work In Process routine. Highlighted fields alert the user of possible error conditions on the job. A range of solid reporting provides quick analysis of the job progress.

-Cost History Reports by code or vendor provide a detailed view of the job cost history.

- View projected gain/loss on the job using the Cost Projection by Code report. Displayed is the original budget along with change orders and transfers. Cost to date and total commitments are included to complete the cost to complete and estimated total cost - therefore calculating the projected gain/loss.

- Address gain/loss at the unit level with our Unit Analysis Report.

- Track budget cost with projections with or without units.

- View committed cost by job or cost code.

Optional features for additional fee:

- Integrate with Quickbooks (all versions).
- Other accounting packages upon request.