It sounds like a complicated math word problem, just one that counts for everything (like profits) in business. Job costing is essential for project-focused companies that live and die on exacting, timely estimates and invoicing. From building websites at a media company to houses in the construction field
, job costing means accounting for business essentials by the end of each day, week, pay period, whenever it matters. These essentials include direct and indirect labor. Project codes. Material costs. Overhead. And adding up these critical costs of doing business is key to accurate estimates, projections and invoicing.