Job and Project Based Businesses

In any business, knowing your costs is important. For service-based industries such as IT, advertising, engineering or building and construction, time really does equal money.Job costing is much more than just knowing your costs. It’s about knowing the health of your business, so you can face up to the challenges of:

• Intense competition and tighter margins
• The virtual disappearance of long-term customer agreements
• The pressure to offer rock bottom prices.

A more effective way to manage jobs and resources

MYOB Enterprise Solutions like EXO Business provide businesses with purpose built systems for tracking and reporting on the status and costs of all jobs from quotation to completion.
It delivers a powerful job costing system, go you can:

• Access more detailed information about the current status and profitability of a job
• Accurately track equipment hours, labour hours, material purchases, subcontractor costs, other costs and inventory used on projects
• Support ‘progress billing’; by quoting on actual lines within a job or invoice on a partial or ‘contract’ basis
• Effectively manage serviceable units.