Additional Cost of Goods Sold (COGS) Categories
Besides just having labor and material categories, it would be helpful to add subcontractor, equipment rental, and an other category. That way the job expenses are isolated to their respective "cost buckets".
And... there should be a default setting to map each one of these Cost of Goods Sold (COGS) into the QuickBooks chart of accounts as a Cost of Goods Sold (COGS), rather that just a Job Nimbus expense. This helps when job costing to determine what part of the job made or lost money. Without this, it is difficult to reverse engineer the estimate vs actual number for the job and create a Work-in-Process (Matching Revenue to the Percentage of Completion) report at the end of each month.
Travis Ganser
shared this idea
-
Automation commented
When estimating jobs there are currently only identifiers for “Material” or “Labor.”
This is grossly insufficient. There are other categories that apply to jobs/budgets and, lacking the ability to categorize them, they can be cumbersome to analyze with only two fixed categories.
Examples of other categories of costs include:
Permitting Fees,
Overhead,
Disposal Fees, etc.
These (and similar) are neither Labor, nor Materials, but they constitute costs directly associated to a specific Job.Please expand the capability of the Estimating tool to allow for creation of additional cost categories.