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Contract Costing Contract Costing is the core of the Contracting suite of modules, providing real-time visibility of actual, committed, budgeted and forecasted costs and revenue resulting in improved contract performance and management and more efficient cost control. It also allows entry of contract timesheets which can optionally post through to Payroll. Features Parent/child contract hierarchies Multi-level revenue and expense analysis Initial Estimate, Latest Budgets and Forecasts Committed costs from contract Purchase Orders Budget v Committed v Actual variance analysis Work In Progress monitoring and recharge Overhead recovery postings Authorised contract access Flexible contract Valuation calculations Integration with Sage Line 500 and Sage 1000 Financial, Distribution, Manufacturing and Payroll modules Automatic generation of General Ledger posting codes Stock Issues to contract Employee or Contracting Resource Timesheets