Financial & Back-costing
Know exactly how every job is performing financially
Overview
One of the most important aspects of any business is understanding whether or not the company is performing to its financial expectations. FSManager integrates with common accounting systems, its own stock management system, and uses all of the information entered throughout the job process to build a complete picture of each job's income, costs and miscellaneous expenses.
This allows you to quickly and accurately back-cost jobs to determine their profitability and how they have performed compared to your budgeted expectations from the original quote.
Work in Progress in an aluminium joinery business is very complicated to calculate. With supplier invoices, components, liners and other materials being pulled from stock, labour and various other factors, it is very difficult to pull together a reliable calculation. FSManager uses the link to your accounting system along with its stock management system and time recording to calculate accurate and reliable work in progress information.
Key Features
- ✓Accurate job back-costing against quoted budgets
- ✓Work in Progress calculations from live data
- ✓Invoicing and cash flow predictions
- ✓Construction Contracts Act compliant claims generation
- ✓Evidence-based claims with full documentation
- ✓Budget monitoring with automatic variance reviews
- ✓Change and Variation management (Notice of Change/NOC)
- ✓Future cost recovery on customer accounts
- ✓Payment tracking with automated reminders
- ✓Cash on delivery enforcement
- ✓Export to Excel and accounting systems
- ✓Monthly management account accuracy
Financial & Back-costing is included in FSManager Full and Pro
See how Financial & Back-costing fits into the full FSManager platform.
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