Job costing
Tracking costs and revenue against individual jobs or projects to measure profitability and bill customers accurately.
Job costing is the practice of tracking costs and revenue against individual jobs, projects, or work orders so that profitability can be measured and customers billed accurately. In Business Central's project module (still called Jobs in older versions), every resource hour, item issue, and GL expense can be posted against a job and a job task, with separate budget and billable plans. Work-in-progress (WIP) journals defer cost to the balance sheet until revenue is recognised on completion or percentage-of-completion. Job costing is essential for professional services, construction, engineering, installation, and any business where work is delivered as discrete engagements.