As construction companies explore different ways to keep costs low, more and more contractors are turning to job costing.

Efficient job costing can lead to improved profitability, enhanced data transparency and better expense tracking.

With job costing, contractors are always aware of how much money is moving throughout the project, but implementing a job cost structure can be confusing. That’s why Foundation Software created The Ultimate Guide to Job Costing — an article filled with insights on effective job costing strategies.

This article includes details about:

  • How a job cost system tracks spending
  • The different types of job cost reports
  • How to test the effectiveness of your job cost structure
  • How to utilize cost codes

Profitable construction jobs are the product of well-managed cost systems. Continue reading to see all the benefits of a construction job cost accounting system.