Job costing is the practice of tracking costs to specific projects and job activities according to a job cost structure in construction accounting. While a contractor's financial transactions are recorded in the general ledger, job costing is recorded in a separate component of the construction accounting system, allowing the general ledger and job costing sides to be reconciled.
The definitive 2025 guide to Intuit Enterprise Suite (IES) for construction companies. Learn multi-entity management, AI automation, job costing, and whether IES is right for your growing construction business. Are you ready to migrate from QuickBooks Online or Desktop.
Read MoreConstruction finance departments face inefficiencies from manual processes. RedHammer offers automation tools that streamline accounts payable, billing, payroll, and job cost reporting, improving efficiency and reducing errors and enhancing cash flow visibility.
Read MoreIntuit Enterprise Suite's Summer 2025 update brings AI agents that automate construction accounting, enhanced multi-entity management with intercompany sales, advanced business intelligence with KPI tracking, and project tools including deposits on estimates.
Read MoreBefore ditching QuickBooks Online, construction firms must carefully evaluate their growth-driven needs. Supplementing QBO with specialized apps like Knowify and Hammr can bridge functional gaps effectively, often providing better value than switching entirely to a complex ERP system.
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