Job costs provide detailed information about costs, giving you the means to track the costs of a project using cost codes and cost types. This functionality provides you with another way to analyze costs and refine the estimating or budgeting process.
When you post a transaction to the Direct Expense or WIP range of accounts, Sage 100 Contractor prompts you to create a job cost record in the Job Cost Distribution window. Job cost records are maintained in a separate database from the accounting data, and therefore do not impact the general ledger.
Important!
If you have turned on WIP Verification for job costs, and are posting job costs to a job that is marked for WIP Posting, you will not be allowed to post to a direct expense account. A message will display: WIP Posting is not = to job costs. You must correct your posting before you will be allowed to save.
If you have turned on WIP Verification for job costs, and are posting job costs to a WIP (Asset) ledger account for a job that is not marked for WIP Posting, a message will display: WIP Posting is not = to job costs. You must correct your posting before you will be allowed to save.
If a text box is shaded, you cannot directly edit the data; you can only change it through an accounting entry.
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Methods for entering historical job cost records |
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