Job costing can be described simply as charging each job or each phase code for the resources they used to produce work, and crediting the job or job-phase code with the budgeted value of the work ...

Small-business owners have many options when choosing a manufacturing accounting system. While some systems are more suited for internal decision making, others are made for external financial ...

Accurate time tracking is critical to managing labor costs in order to achieve profitability for construction businesses, separating successful businesses from the rest of the pack. If labor costs ...

Few concrete contractors know how to track job costs effectively. Very few. The reason few do is very simple: job costing is extremely difficult to get right. Would you like to learn how to do it ...

Management accounting is an important internal business function. Many companies use some form of management accounting to record and report their internal financial information. While financial ...