Total Transaction
Material + Service+ Misc. + Sales Tax + Misc. Tax
Net Sale
Material + Service+ Misc.
Material Cost
Cost from material lines
Service Cost
Cost from service lines.
Extra Service Cost
from job costing
Overhead Margin Cost
A Standard Overhead Margin can be applied to all orders as set in the Standard Overhead Margin Set Up system option. This number can be edited during the job cost process.
This number affects the profit percent of the job but is not posted to the general ledger at all; this is used for job costing purposes only. Companies will use an overhead margin to charge against each job for utilities expense, rent expense, etc. This is so that the salespeople share in the day-to-day expenses of running the store. Overhead margin only affects the salesperson commissions.
Freight Cost
The freight can come from either:
The standard freight charge added on every order as set in Standard Freight Charge Set Up system option.
A freight factor or a portion of the actual freight from the vendor invoice can applied to the material during costing. See Receiving/Costing for details.
A freight factor can also be entered on the product record which can carry over onto the inventory record.
This number affects the profit percent of the job but is not posted to the general ledger via job costing. Freight is posted to the general ledger from the accounts payable records posted throughout the month where the general ledger account code for freight was used in the distribution fields.
Load
A material load can applied to the material during costing. See Explanation of Load for details.
This number affects the profit percent of the job but is not posted to the general ledger at all.
Tax Cost
either sales tax or use tax. Use tax is calculated by the tax set up in the store code or city list.
Gross Profit
Total Sale – Cost
Gross Profit Percent
(Gross Profit/Net Sale) Profit percentage on the entire sale figured by dividing the profit dollar amount by the total sale amount.
Projected Net Profit
Calculated less the projected commission.
Projected Net Profit Percent
(Net Profit/Net Sale) Calculated less the projected commission.
Date Generated/Time Generated
System supplied. This is the date and time that the order was job costed. This date is used to produce the Job cost Audit Report.
Delivered Date
Dated entered as the delivery date at the time of job costing. General Ledger postings will take place as of this date.
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