New Project Job Costing

New Job Cost sheets

Whenever you actually start work on a new project, make a Job Cost Control worksheet for it. Choose *New Job Cost Sheet from the FILE menu to create a new Job Cost Control worksheet.

If you have used the the MacNail construction estimating software to make a MacNail Estimates for the project, you can have the estimated costs transferred directly to the Job Cost Control sheet. Otherwise, you will create a blank Cost Control worksheet 'from scratch', and type in the estimated costs yourself.

NOTE-- Goldenseal job costing software makes this process much easier! Once you create a Project account, it will automatically post job costs to it. Goldenseal was released in 2000, and replaces MacNail accounting.

You can also create an Office Cost Control worksheet. Instead of using construction categories, an office cost worksheet will use overhead categories based on the IRS Schedule C cost categories.

Another choice for job costing in the MacNail construction accounting software is to create an Other Cost Control sheet. This worksheet has blank spaces where you can enter very small projects, each with its own code letter or numbers. These small projects will be entered with a job number of 0 (other). The category column will be used to distinguish between different projects (see page 69). These small projects will not be job costed in as much detail as a regular project--you will just see overall labor, material and subcontractor prices, plus total income from the job.