It is a cost accounting methodology for tracking expenses to a particular project. Job costing using cost codes allows you to track work completed. You can accurately measure if the activity costs align with the budget.
Job Costing is the process of tracking and analyzing the expenses associated with a specific construction project to determine its overall cost and profitability. This method involves allocating costs such as labor, materials, equipment, and overhead to individual jobs or project components, providing detailed insights into financial performance and facilitating accurate budgeting, forecasting, and financial reporting.
Tracking and analyzing costs for individual construction projec
