MYOB EXO Job Costing - Overview

MYOB EXO Business Job and Project Costing is designed to accommodate the whole life cycle of a job or project from quote and budget through to profitability analysis and variance reporting. Fully integrated with MYOB EXO Finance, there are a number of key features and benefits that puts you in control of your business.

  • Every business has different requirements for cost control and analysis. MYOB EXO Job Costing is ideal for a wide range of businesses. Its simple and intuitive design suits small operations, yet it is robust and flexible enough to suit a larger, more complex business.
  • Combined with MYOB EXO Finance, MYOB EXO Job Costing reflects all your project information in the General Ledger. Determine current profitability and forecast the final profitability of a job at any time.
  • With more information readily available that reflects the current status of a job, you’re better placed to make educated decisions as each job progresses.
  • MYOB EXO Job Costing customers report tighter cost control,fewer disputes regarding mid-job amendments, and increased profitability overall.
  • Quote more efficiently with templates created from previous jobs, easily updated with current pricing.
  • Manage larger projects more efficiently by creating sub jobs. This allows more effective management of component deliverables, while maintaining the ability to consolidate and
  • report on the larger project against defined budgets. 
  • If you manufacture items to client order, or make items to sell as general stock, MYOB EXO Job Costing can manage the manufacturing process for you.
  • Store contracts, images and plans against specific projects to create a single repository for important information.
  • Progress billing enables the grouping of quotes and work in progress lines within a job, to be invoiced on a partial,milestone or contract basis.

Introduction to Job Costing 7 min 09 sec  This short overview gives an introduction to the features available in the MYOB EXO Job Costing module. 

 Job Quotes

Detailed quotes can be generated and stored then compared with actual job costs. This highlights variations and improves future estimates and project management.  

Managing Job Quotes 6 min 51 sec  Learn how create, manage and process quotes. 

 Timesheets

Timesheets can be entered directly against the job by staff on a weekly basis or in bulk via the direct time sheet entry screen. Designed to eliminate many of the problems surrounding time capture, MYOB EXO Job Costing makes it easy for your team to keep project information up to date.

Remove double entry and reduce payroll errors by sending the time sheet information directly to MYOB EXO Payroll to pay your employees.  

Timesheets in EXO Job Costing 5 min 16 sec  Learn how to add time costs to jobs. 

 Costs

MYOB EXO Job Costing has been designed to capture all costs relating to a job including time sheets, materials, purchases, and third party sub-contractors. It can also incorporate these costs when invoicing a client, expensing to the business, or the manufacturing of finished goods. Conduct analysis via dashboards and reporting of the current status or the final outcome of a job.  

Costs in EXO Job Costing 4 min 37 sec  Learn how to manage material costs. 

 Purchasing

Generate purchase orders from right inside a job to link them to a job. The purchases tab shows the status of purchase orders, incoming goods, and creditor invoices associated with the job.  

Purchasing in EXO Job Costing 3 min 57 sec  Learn how to raise and record purchases against jobs

 Job Scheduling

Plan resources, job duration and delivery time through this powerful module. It allows you to identify and proactively plan for any conflicts that might occur, and see at a glance your capacity to take on new jobs.

Job Scheduling 4 min 18 sec  Learn how to schedule jobs and resources

 

Speciffix Solutions are an authorised reseller and implementer of MYOB EXO Business.

For further information on what MYOB EXO Business can do for you please contact us.