If you are concerned about these questions, you need to speak with us now about our bookkeeping for Job costing services!
If you are concerned about these questions, you need to speak with us now about our bookkeeping for Job costing services!
In any industry, knowing your costs is important. But if your business is involved in the costing of jobs or projects then you recognize that knowing or not knowing your costs is the difference between success and almost certain failure.
Margins are tighter than ever. The pressure to offer rock bottom prices in a bid to undercut the competition means there is a very real risk of committing more in time or resources than you’ll get back in revenue.
You can try to compensate by raising costs, but you risk becoming uncompetitive in the process. So the only logical way to prevent this is to monitor costs at every stage of the project.