Contract Costing

The Contract Costing module adds a number of facilities to the Javelin system aimed at users handling sales orders for items with long manufacturing cycles or involved in off site work, particularly in terms of installation operations on customer’s sites. 

Contract costing capability enables all costs associated with a project to be drawn together in a single location, along with budgets, to enable an accurate forecast of ‘cost to completion’ to be determined at any point. This not only allows potential cost over-runs to be identified and corrected at an early stage, but can be used at the end of the project to ensure all relevant costs have been properly accounted for.

Contract costing offers an extension to the labour rates described above, namely the ability to associate different cost rates to a work centre, employee or labour grade in relation to the actual time and day the work took place.