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Fire Fighting Pacific
“It’s absolutely imperative that we know exactly what level of profit we can make on a job from the outset. We were struggling to clearly ascertain this in the previous system, but Greentree enables us to take Job Costing to a whole new level.”
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Advanced Job Cost
Enhance your job costing processing further with this sub-module, which includes additional functions to provide expanded levels of control for project costs, revenue and accountability.Also see Job Cost >
KEY BENEFITS
- Easy to use
- Advanced job cost management
- Extensive, real-time reporting
- Flexible job structures
- Detailed job analysis
- Comprehensive integration
- Flexible invoicing
- Fully integrated with other modules
- 360o interaction
- Tight project management
- Revenue Recognition
- Microsoft Project® interface
Revenue Recognition
Calculates revenue to be currently recognised based on the percentage of completion, which can be reviewed and manually adjusted if required, and then updated through to General Ledger. This method of revenue recognition recognises profit on long-term contracts as it is earned gradually during the life of the job.
Calculations can be based on budget vs actual costs, budget vs actual hours, budget vs actual retail price, or on the elapsed time of the job, and then applied to the estimated retail value, the job value, or the invoiced amount to date to give the recognised revenue to date.
Revenue forecasting can be generated by period, allowing entry of forecast revenue for future periods with the option of spreading the unallocated revenue evenly over the remaining periods of the job.