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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