Since all time and Materials consumed is tracked
for each Job, it generates detailed Job costing information that can be compiled
into various
reports or used by the back-end Accounting System for cost control.
Total costs
can be established by setting material, labor and overhead rates.
Each Task and Material can be billed at a different rate for each
of your
customers.
Tasks and Materials can be combined to create "Products."
Products
contain user-determined durations of time for each Task, as well
as user-
determined quantities of Materials. These become the "standards"
that your
company works toward when producing work. If, over a period of
time, standards
are discovered to be too high or low, values are adjusted to better
reflect current
productivity.
Detailed job reports can be generated to include billable, non-billable
Time
and Material, quoted versus estimated versus actual costs for
each Task, and
Material consumed.
Tasks that are not Job specific (i.e. training, maintenance or
downtime)
can be tracked as well.
