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Hardhat. Job Cost Accounting Software. The Hardhat Job Cost Accounting Software provides you with the necessary tools to accurately track Job Costs. This Presentation will show you how simple it is to enter Job Budgets and to be able to compare actual Job Costs to Budgets. Hardhat.
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Hardhat Job Cost Accounting Software • The Hardhat Job Cost Accounting Software provides you with the necessary tools to accurately track Job Costs. • This Presentation will show you how simple it is to enter Job Budgets and to be able to compare actual Job Costs to Budgets.
Hardhat Job Cost Accounting Software As a Contractor, there are three important things you must know and control: • Job Cost • Job Cost • Job Cost The above cliché emphasizes the IMPORTANCE of controlling Job Cost. How well you control Job Cost determines how well you control Job and Company Profits.
Hardhat Job Cost Accounting Software Hardhat allows you to designate the cost codes and income codes that you want to track in Job Cost.
Hardhat Job Cost Accounting Software Sample Cost/Income Code List • LABOR-REGULAR • LABOR-PREMIUM • LABOR-OVERHEAD • MATERIAL • EQUIPMENT-OWN • EQUIPMENT-RENTAL • SUBCONTRACT • SUBCONTRACT-RETAINAGE • TRAVEL-RELATED • LICENSES AND PERMITS • INSURANCE AND BONDS • FUEL • MISCELLANEOUS • CONTRACT BILLINGS • CONTRACT BILLINGS-RETENTION
Hardhat Job Cost Accounting Software The Project Manager hands you his hand- written budget!
Hardhat Job Cost Accounting Software Let’s set up our new Job (next slide): • Job Name • Jobsite Location • Project Manager (allows us to run Profit and Loss reports for a specific Project Manager)
Hardhat Job Cost Accounting Software
Hardhat Job Cost Accounting Software Let’s set up a Phase (next slide): We will keep it simple: Phase 1 Hardhat allows you to track expenses for each phase of a job.
Hardhat Job Cost Accounting Software
Hardhat Job Cost Accounting Software Okay, we’ve set up our Job. Now let’s enter our budgets (next slide):
Hardhat Job Cost Accounting Software
Hardhat Job Cost Accounting Software
Hardhat Job Cost Accounting Software We’ve set our new job, our phase, and we have entered our budgets. Let’s go enter some actual dollars to our new job. In the next slide, you can click on the different applications to learn how dollars are posted to Job Cost.
Hardhat Job Cost Accounting Software All “ROADS” lead to JOB COST!
Hardhat Job Cost Accounting Software Thank you for your interest in the Hardhat Job Cost Accounting Software. Please contact me you have any questions or comments or if you want to schedule an on-line or on-site demonstration. Thank you, Tom Hale Hardhat, Inc. 901.734.5056 Email: tom.hale@hardhatinc.net Menu
Hardhat Job Cost Accounting Software Job Cost Continue Menu
Hardhat Job Cost Accounting Software Job Cost Continue Menu
Hardhat Job Cost Accounting Software Job Cost Continue Menu
Hardhat Job Cost Accounting Software Job Cost Continue Menu
Hardhat Job Cost Accounting Software Thank you for your interest in the Hardhat Job Cost Accounting Software. Please contact me you have any questions or comments or if you want to schedule an on-line or on-site demonstration. Thank you, Tom Hale Hardhat, Inc. 901.734.5056 Email: tom.hale@hardhatinc.net Menu
Hardhat Job Cost Accounting Software Accounts Payable • We will be entering A/P Invoices for: • Equipment Rental • Material • Subcontractor • License and Permits • Insurance and Bonds Continue Menu
Hardhat Job Cost Accounting Software Accounts Payable Equipment Rental Continue Menu
Hardhat Job Cost Accounting Software Accounts Payable Material Continue Menu
Hardhat Job Cost Accounting Software Accounts Payable Subcontractor Notice that Hardhat lets us know that the Insurance Certificate has expired. Continue Menu
Hardhat Job Cost Accounting Software Accounts Payable License and Permits Notice that Hardhat lets us know that we went over our budget. Continue Menu
Hardhat Job Cost Accounting Software Accounts Payable Insurance and Bonds Continue Menu
Hardhat Job Cost Accounting Software Payroll • Hardhat can post Payroll Overhead to Job Cost: • Workman’s Compensation • Social Security and Medicare • Federal Unemployment • State Unemployment • Fringes Continue Menu
Hardhat Job Cost Accounting Software Payroll Prevailing Wage: When we set up the job, we establish the Prevailing Wage Pay Rates in Hardhat. Each week when Payroll is entered, Hardhat will automatically pull in the appropriate Pay Rate, eliminating the need to keep track manually of the jobs that have Prevailing Wages. Continue Menu
Hardhat Job Cost Accounting Software Payroll Our Job is a Prevailing Wage Job. Notice that the wage for Journeymen is 30.00. Continue Menu
Hardhat Job Cost Accounting Software Payroll This Employee’s Default Pay Rate is 21.00. Hardhat pulled in the Prevailing Wage Rate of 30.00. Continue Menu
Hardhat Job Cost Accounting Software Payroll Let’s include the Travel Expenses on the Employee’s Pay Check. Continue Menu
Hardhat Job Cost Accounting Software Payroll Look how easy it is to post hours for an Employee to different Jobs on the same day. Notice the Pay Rate is 21.00 (not 30.00)! Continue Menu
Hardhat Job Cost Accounting Software Payroll Hardhat produces the WH-347 along with all other Required Forms. Continue Menu
Hardhat Job Cost Accounting Software General Ledger We can distribute our fuel costs out to Jobs using the General Ledger Journal Entry program. One commonly used method is to distribute based on the percent of Payroll dollars. If Job A10999 has 55 percent of the Payroll dollars for the period, we should post 55 percent of our fuel cost to that Job. Continue Menu
Hardhat Job Cost Accounting Software General Ledger Continue Menu
Hardhat Job Cost Accounting Software Equipment If we are using Company-owned Equipment on the Job, we should post that expense to Job Cost. We can enter industry-specified hourly operating rates for each piece of Equipment. Once a week, we can enter the number of hours each piece of Equipment worked on each Job. Continue Menu
Hardhat Job Cost Accounting Software Equipment Continue Menu
Hardhat Job Cost Accounting Software Equipment Continue Menu
Hardhat Job Cost Accounting Software Equipment Continue Menu
Hardhat Job Cost Accounting Software Inventory Whether your company manufactures a product that is consumed on a Job or if you have a warehouse full of products that are consumed on a Job, the material costs should be charged out to Job Cost. Continue Menu
Hardhat Job Cost Accounting Software Inventory Continue Menu
Hardhat Job Cost Accounting Software Inventory Continue Menu
Hardhat Job Cost Accounting Software A/R Continue Menu
Hardhat Job Cost Accounting Software A/R Continue Menu
Hardhat Job Cost Accounting Software Time and Material Billing Hardhat keeps track of all expenses and Payroll by Job, making it easy to process Time and Material Billing. You can designate billing rates by Labor Class. You can also designate markup percentages by Job. Continue Menu
Hardhat Job Cost Accounting Software Time and Material Billing Continue Menu
Hardhat Job Cost Accounting Software Time and Material Billing Continue Menu
Hardhat Job Cost Accounting Software Progress Billing Continue Menu
Hardhat Job Cost Accounting Software Progress Billing Continue Menu
Hardhat Job Cost Accounting Software Progress Billing Continue Menu