Before creating a new invoice it is important to view your costs in order to adjust your sell prices if necessary.
In this help article:
Where to Find Job Financials
What is the Job Financials Page?
Creating a Progress Claim Invoice
If Your Job Has Tasks
If Your Job Has Variations
Where to Find Job Financials
What is the Job Financials Page?
Creating a Progress Claim Invoice
If Your Job Has Tasks
If Your Job Has Variations
All Job Financials are found in the Job Financials tab within each job page.
In the Job Financials page all job costs, item mark-ups, item sell rates and item profit markings are visible and editable.
In a nut shell, the Job Financials page is the cost centre for every job.
In a nut shell, the Job Financials page is the cost centre for every job.
Information is available for all financial aspects of the job from:
- Invoicing Information
- Labour information
- Purchase Order information
- Materials information
- Expenses information
- Service fee information
Go to the Job Financials page then click on Show Job Financial Summary at the bottom of the page. It helps to use the date filter at the top of the table if you need to review your costs over a certain time period. This works well for calculating the amount for a monthly claim on a job.
All task costings are broken down individually in the Job Financials tab. The Job Financial Summary provides a combined total of all job costs and tasks costs with an overall job profit margin and cost.
All job variation prices will be added to the quoted price total in the Job Financial Summary. The summary provides a combined total of the job and variations with an overall job profit margin and cost.
Job variation costs are not monitored individually. If you require a variation to have the costings monitored separately, you will have to create a task for the variation.
TIP: Using the Job Financial Summary before creating an invoice is the best way to make sure all of your jobs are meeting your targeted profit margin.
After you have made changes to the Job Financial page, select the Show Financial Summary button.
Job variation costs are not monitored individually. If you require a variation to have the costings monitored separately, you will have to create a task for the variation.
TIP: Using the Job Financial Summary before creating an invoice is the best way to make sure all of your jobs are meeting your targeted profit margin.
After you have made changes to the Job Financial page, select the Show Financial Summary button.