Your Job Costing Software is Critical to realising project profits and ultimately the long term business success of your organisation. Budget, Record, Monitor and Report.
Synergy understand that tracking building and project costs doesn't start when you win a job. An estimated construction cost is firstly determined in evaluating the feasibility of the project prior to bidding and winning the project. Once successfully awarded and construction commences the tracking of building costs begins.
Costing in a Construction and Building environment requires an advanced Job Costing Software Solution?
Take control of your project costs, intricately track estimated, actual, committed, budgeted and contracted costs. Any variations to these cost codes can be costed independently or incorporated into the project. Purchase orders and sub contract costs can be directly entered into job costing software, however depending on your organisational workflow these costs may be processed through, Purchasing, Equipment Cost, Contracts or Project Management. Any information entered into the Job costing software is seamlessly integrated with all financial modules including the General Ledger.
The Variation process can also be tracked and managed through Timberline Job Costing Software. Each step of the variation process — pending through to approved, then in progress and costed, ensuring that the original project costs and the variations to original estimated construction costs are managed and accounted for. Job Costing will also report on profitability (or loss) of any variation to original building cost estimates.
“We now truly understand what our gross margin is on a job because anything that job expends, we can put a cost to it,” ...... “Before, part of it would get lost in overhead.” - Georgiou Group. For more Testimonials click here.
Managing Cost Codes within Job Costing.
Inquiries and reports provide the accounts and management divisions within your organisation to view job costing information in a format relevant to their requirement and decision making process. The cost code structures within job cost allow for single minded control and management of costs.
Track contract amounts, estimates, construction costs, subcontracts, purchase orders, quantity totals, production information, customer information, billings, and other project information in as much detail as you need.
Track an unlimited number of user-definable cost categories, project totals by job, year, quarter, month, or week., period-to-date accumulators.
Track job status and scheduling dates.
Managing your Commitments
Enter subcontracts and purchase orders for any combination of jobs, cost codes, or categories.
Break out subcontracts or purchase orders into unlimited line items.
Track item descriptions, scopes of work, scheduling information, and insurance requirements.
Track payment and performance bond information.
Track detailed contract approval information.
Track schedule dates for each subcontract.
Retrieve and change vendor insurance information from Sage Timberline Office Accounts Payable to reflect separate insurance for a project.
Track miscellaneous commitment requirements with a user-defined item checklist.
Track secondary vendors to generate joint cheques and monitor secondary liens.
Mark building cost codes or categories as "bought out" to analyse contract variances.
Take Control of your Variations:
Enter and track owner requested variations and approved variations.
Document who initiated variations requests, who prepared the variation order, who approved it and when.
Track changes to the original building and construction costs, contract, estimate, subcontracts, purchase orders and production totals.
Track the status of each variation item with customisable descriptions (e.g., requested, verbal OK).
Associate commitment variations with owner variations.
Tie variations to contracts and budgets.
Record billable or internal variations.
Enter revisions to production units.
Be confident in your current and future position.
Using a comination of over 100 Job Costing reports, Timberline can keep you, your team and project stakeholders informed and in control.
Choose from several pre-designed Job Costing reports to calculate and print information at any time (e.g., Cost at Completion Trends, Committed Cost Detail, Variations Log, Comparisons to budget, Construction Cost to completion, Purchasing Log).
Apply conditions and ranges to print exactly the information you need.
Modify the reports or create new reports to provide the exact data and presentation you need.
Avoid costly mistakes and errors .
Managing construction cost using Sage Timberline Job Costing software allows your accounts team to view construction cost information while the project team, although able to view and share the information, can be limited using security to actions within their job role. Sage Timberline Job Cost Software also has requisition processes for purchasing, and, an approval processes for billing should they be required.
Synergy have the experience and knowledge and continue to work with over four hundred of the industries leading organisations.....what about you?
Synergy have been supplying Job Costing Software and Management Solutions to the Construction & Building Industry for over twenty years. That's why when you deal with Synergy, your talking with people who understand your lingo. Professionals who understand the slight variables in your workflow processes that can save thousands of hours per year in data entry and processing. Qualified Professionals, able to consult, educate and integrate an easy to use solution, into a complex environment where managing internal and external costs are critical.
That’s why we've combined award-winning solutions and unprecedented industry knowledge with proven integration capabilities and Australia wide operations, so that no matter the size of your organisation, we have the Solution and Implementation capabilities to suit you.
So when assessing a software solution for Your Organisation don't risk going to organisations that dabble in your industry, come to the industries leading integrators -Synergy Group.