Job costing software is designed to help contractors manage the financials of small and large projects, make informed labor decisions, and forecast for future projects. Job costing software integrates all data from sold estimates, purchase orders, vendor invoices, payroll, and accounts receivable billing for a real-time picture of project progress and profitability. Job costing is especially useful for construction projects, replacement or renovation projects, or multi-day maintenance and repair projects for mechanical and specialty contractors.

Expenses that are factored into the calculation of margin include the costs of labor, performance-based pay and labor burden, equipment, materials, and taxes.

These values are populated from transactions such as sold estimates, purchase orders / vendor invoices, payroll, and invoices.