Job Costing

Job costing provides you with a record of how much each job truly cost to produce. Though this might not seem important for one individual job, taking a year’s work totalled up will give you a true reflection of how much production you are achieving over a year and therefore will allow you to check whether your estimating rates need to be adjusted.

The true production time for each job is recorded into Antares and this is stored next to the estimated production times.

When each job is completed, this allows Antares to produce a job cost sheet, showing both estimated and actual costs with any major discrepancies highlighted (see example on this page).

At the end of the year, Antares can produce the grand total time in each production department, both estimated and time actually spent and this will show you whether each department is achieving what had been planned for the year.

If you also record non-chargeable time, then Antares can give you a report of what percentage each department is chargeable and what percentage of total time is non-chargeable. Of the non-chargeable, you can then analyse this further to determine the reasons.