Cost
What did this job make, and when did we know?
Book a cost and the margin moves that second. Not at month end, not three weeks late with a spreadsheet and a bad feeling.
What it does for you
- Materials, subs, labor, freight, equipment, permits and dumpster, in their own buckets
- Total cost, overhead, gross profit and margin recalculated on every change
- Payments matched to what they were for
- Mortgage-endorsed checks tracked separately so nobody mistakes them for cash
What it does not do yet
Nothing on this engine is a design target. What is described above is what runs.
You can correct course while the job is open, not after it is closed.
Status. Shipped. Nothing on this engine is a design target; what is described is what runs.
What it decides
- Which bucket a cost lands in
- Total cost, overhead, gross profit and margin, recalculated on every change
What goes in
- Materials, subs, labor, freight, equipment, permits and dumpster
- Payments, matched to what they were for
What comes out
- The job's margin, the day it changes
- Mortgage-endorsed checks tracked apart from cash
What it depends on
- The contract's financials
- Commission, which is figured from this margin
What it requires
- Every cost booked to a job and a bucket
What breaks without it
- Profit discovered at month end, three weeks late
- A check mistaken for cash
- A rep paid on a margin the job never earned