Sybiz Vision - The Job Costing Dashboard - Estimates, Costs, and Invoices & Credits – please provide an explanation of the Columns:
The Job Costing Dashboard (Sybiz Vision only) Estimates, Costs, and Invoices & Credits – an explanation of the Columns:
Estimated Cost: Sum of all costs in job estimates.
Actual Costs: Sum of all Job Cost transactions, e.g. Job Costs, Timesheets, Purchase invoices. (Actual costs incurred and assigned to the Job to date.)
Invoiced Cost: These are Costs posted to the Profit and Loss at time of Sales Invoice. This cost does not have to relate to the Actual Costs as Sales Invoices can be raised prior to any work commencing and the user can set a Cost to post.
Cost Variance: This is the Estimated Cost vs the Actual Cost. (How are you doing, or how have you done, on a Job?).
Invoiced and Credited Income: This number reflects what has been invoiced to the customer but also takes into account any credits processed. (Note – this balances back to Sybiz Vision).