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Job Costing

Why Choose Administration Outsourcing for Your Job Costing Needs?

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Administration Outsourcing is your go-to partner for job costing services. Our seasoned professionals are well-equipped to handle the intricacies of project-based accounting, ensuring that you stay on top of your costs and revenue for each individual project.

What Is Job Costing?

Also known as project-based accounting, job costing is a meticulous approach to accounting that examines each project in isolation. It considers individual costs including labor, materials, and overhead, thus offering a more precise view than other more general accounting methods. Written as an equation, job costing is calculated as: Total Job Cost = Materials + Labour + Applied Overhead.

When Should You Use Job Costing?

Job costing is ideal for project driven business and specialized services line management. Help your business to understand the costs and profitability of each project or each business unit and determine what is driving your success.

Benefits of Our Job Costing Services

With job costing, you’re not just tracking costs; you’re ascertaining the profitability of each job.AO job costing system helps you calculate the costs of individual operations, thereby determining the profit margin for each. This enables you to make informed decisions about which projects to take on and how to optimize your resources for maximum profitability.

Customized Solutions for Varied Industries

AO caters to a variety of industries and understands that each has its unique set of challenges. Whether you’re in professional services, trading, event management, design or manufacturing, etc., our tailored job costing solutions have got you covered.

Comprehensive Reporting

We believe in transparency and accountability. With our job costing services, you’ll receive detailed reports breaking down the costs and revenue for each project, enabling better project management and financial planning.

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John Casella

Chief Executive Officer

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John has more than 30 years of professional experience in accounting and business consulting for a wide range of companies and projects in South-East Asia and North America. He holds active licenses as both a Certified Public Accountant in the USA and a Chartered Professional Accountant in Canada. 

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John joined AO in 2022, after building up a strong team at PKF and Baker Tilly where he was in charge of the accounting, tax advisory and corporate legal teams, as well as provision of integrated services to accounting and payroll clients. John first started working in Thailand in 1997 and spent 10 years in corporate advisory services. He began his career based in Canada as a financial auditor for Arthur Andersen.

The Most Frequent Questions

Job costing is a method used to calculate the exact expenses associated with a specific project or job. This includes labor, materials, and overhead costs. In contrast, process costing is used for mass production and calculates the average cost of producing similar items.

The key benefit of our job costing service is the ability to accurately determine the profitability of each specific job or project. With detailed data in hand, you can make informed decisions on which jobs to accept and which to avoid, optimizing your business for maximum profitability.

Job costing is especially beneficial for businesses that provide customized services or products. This can range from industries like construction and consulting to specialized manufacturing and event management.

If you have more questions?

"Normal job costing" refers to a standard method of job costing where indirect costs are allocated based on a pre-determined rate, rather than actual costs. At Administration Outsourcing Co., Ltd., we tailor the job costing approach to suit the specific needs and complexity of your business.

While job costing provides a detailed view of each project's finances, it can be time-consuming and require meticulous record-keeping. However, our experienced team simplifies this process, turning potential disadvantages into an asset for your business.

Profit from a specific job can be calculated by subtracting the total job cost (materials, labor, and applied overhead) from the revenue generated from that job. Our comprehensive reporting provides you with these insights, helping you understand the profitability of each project.

Administration Outsourcing is your go-to partner for job costing services. Our seasoned professionals are well-equipped to handle the intricacies of project-based accounting, ensuring that you stay on top of your costs and revenue for each individual project.

What Is Job Costing?

Also known as project-based accounting, job costing is a meticulous approach to accounting that examines each project in isolation. It considers individual costs including labor, materials, and overhead, thus offering a more precise view than other more general accounting methods. Written as an equation, job costing is calculated as: Total Job Cost = Materials + Labour + Applied Overhead.

When Should You Use Job Costing?

Job costing is ideal for project driven business and specialized services line management. Help your business to understand the costs and profitability of each project or each business unit and determine what is driving your success.

Benefits of Our Job Costing Services

With job costing, you’re not just tracking costs; you’re ascertaining the profitability of each job.AO job costing system helps you calculate the costs of individual operations, thereby determining the profit margin for each. This enables you to make informed decisions about which projects to take on and how to optimize your resources for maximum profitability.

Customized Solutions for Varied Industries

AO caters to a variety of industries and understands that each has its unique set of challenges. Whether you’re in professional services, trading, event management, design or manufacturing, etc., our tailored job costing solutions have got you covered.

Comprehensive Reporting

We believe in transparency and accountability. With our job costing services, you’ll receive detailed reports breaking down the costs and revenue for each project, enabling better project management and financial planning.