Why is Job Costing so Complicated?
Tracking all expenses is a very tough job. It needs a lot of patienceand keen eyes to be able to follow on all job cost inconstruction to determine the revenue as they pertain to theconstruction job’s profitability. Job cost is fed by ledgers likepayroll, payables, inventory to name a few.It makes financial information easier to access. Knowing theprofitability of the project aids in sound decision making of the men in the construction business.This is a lot of work so they need to do construction accounting which makes them tally all these expenses to work harmoniously.