Job Profit Calculation (Job Costing) - Estimate vs. Actual
Once all said and done, It would be nice to get a profit calculated for the Job. The 'Budget" has some nice features that could accomplish some of these things but would need to expanded. Some of the things to include
1) Material cost
2) Labor Cost (per employee) Cost vary
3) a)Original price Line for projject
b) Added/Subtracted Change orders as line items
c) Total Job Price
4) More choices, teirs to calculate the commission
5) Able to print out as well as save per job
Gary Lavitman
shared this idea
This is an interesting idea. I’ll talk to our team and see if we could do it.
Thanks for your feedback.
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Sherry Fisher
commented
THIS is very important to our business. Currently I can add job costs under the budget section, but it requires multiple clicks to see the information and does not allow me to get a true profit for the job automatically, I have to do all of the math.
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Shawn Deitemeyer
commented
This is critically important!!
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Julie Woods
commented
I would like to be able to enter my actual costs of a job in Nimbus, where it pulls and creates a Profit & Loss area showing what you projected for the job and what the actual is and where you stand profit wise (percentage) where it will show before and after commission and overhead
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Ian Mahon
commented
Job Net Profit : Estimate less material costs less work orders costs = net profit
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Tia Albertson
commented
I'd welcome an added function to the Budget feature - One that would actually allow the Budget Created function off of an estimate to also input costs column into the budget template, not just the price column - This is because as a contractor with subs/suppliers, our "budget" on a job is actually the Estimated Costs (the price is reflection of our markup and the budget feature would be more helpful in analyzing how we over/under performed compared to Cost projections) ... THANKS
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Janelle DeVries
commented
It'd be great if we had additional columns in the Budget feature that enabled entry of an estimated cost and an Actual cost, alongside the existing Budget cost. Allowing the estimated and actual costs to be entered creates a full-fledged Job Cost ability, versus just a budget amount.