industry

Job Costing for Contractors

Track costs, materials, and labor by project. Know which jobs are profitable.

Key Benefits

Job costing
Material tracking
Progress billing
Change orders

Contractors live and die by their job estimates. If you underbid a project or lose track of costs during execution, a seemingly profitable job can quietly become a money pit. FiscalInsights provides job costing tools designed specifically for contractors—track material costs, labor hours, subcontractor payments, and overhead for every job individually and in real-time.

The real-time cost tracking changes how you manage projects. Instead of discovering overruns at job completion, you see them developing as they happen. Material purchase orders are tracked against budgets, labor hours accumulate against estimates, and subcontractor invoices hit the job's P&L when they arrive. At any moment, you know exactly where each job stands versus its estimate.

Progress billing and change order management are built in. Invoice clients based on percentage completion, milestone achievement, or time-and-materials. When scope changes, create change orders that adjust the job budget and generate additional billing. Everything ties together so your financial reports reflect the true profitability of every job you take on.

How It Works

1Create a new job in FiscalInsights with the original estimate, material budget, and labor plan.
2Track materials, labor hours, and subcontractor costs against the job as work progresses.
3Monitor real-time job profitability on the Job Dashboard—budget vs. actual for every cost category.
4Invoice clients using progress billing, milestones, or time-and-materials templates.
5Create change orders to adjust scope and budgets, and generate additional billing automatically.

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