Job Costing With Employees

AmandaArdern

I have a tiler client that uses job costing to track job profit. He used to use contractors which worked well because the contractors amount in quickbooks would show the rate excluding GST (they were on $35 + GST). Due to legislation changes he has changed most of the contractors over to employees and they are now on $30.97 per hour + 9.25% super + 3.46% workcover (total cost to employer $35 per hour). The problem we are having is now the job profit and loss shows the employee cost at $30.97 per hour but my client still wants to see the total cost of $35 per hour. Is there a way to do this? Please help!

Nathan Elcoate

Hi Amanda,

Yes as long as the Super Item and Workcover Item are both ticked for "Track Expenses By Job" on the Payroll Item, and the relevant payroll items are ticked as applicable (on the last screen of the Payroll Item when you click through), the system will automatically write the Super and Workcover expenses to the jobs per the splits on the Employee payroll.

Regards

Nathan

AmandaArdern

Awesome thanks... I will have a look

Nathan Elcoate

Hi Amanda,

Not a problem, sorry if that reply was a little rushed. Please let me know if you require any further assistance with this matter.

Regards

Nathan

GA

Hi, we too are attempting to make our job cost reports more accurate with payroll costs hitting the job cost reports at a fully burdened cost amount (this should include the Super, insurance, allowances and leave accruals) we have managed to get the reports to reflect the super and most of the allowances through the method that Nathan mentioned above but are unable to get the job costs to recognise the Annual Leave and Sick Leave accruals.

Quickbooks which is what Reckon Accounts used to be, have updated their system with additional payroll item types, one of these types is call "Paid Leave" which allows you to check a box to allow "Track expense by Job", unfortunately Recon Accounts after parting ways with Quickbooks dont seem to be keeping up. there is a lot of training information out there but most of it is based on new quickbooks platforms and not the old style of quickbooks which is what Reckon Accounts is.

Thanks in advance
Glen   

Nathan Elcoate

It will not cost accruals as they are not a cost yet. It will cost leave to the job though when taken.

GA

Thanks Nathan, kind of makes sense I guess.