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  1. APPS
  2. contracting
  3. Job Costing (Contracting) v 9.0
  4. Sales Conditions FAQ

Job Costing (Contracting)

by Orchid Infosys http://www.orchidinfosys.com
Odoo

$ 404.64

v 8.0 v 9.0 Third Party 30
Apps purchases are linked to your Odoo account, please sign in or sign up first.
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • CRM (crm)
• MRP (mrp)
• Project (project)
• Purchase Management (purchase)
• Sales Management (sale)
• Discuss (mail)
• Accounting and Finance (account_accountant)
• Invoicing (account)
• Calendar (calendar)
• Inventory Management (stock)
• Employee Directory (hr)
• Leave Management (hr_holidays)
Technical Name contracting
Websitehttp://www.orchidinfosys.com
Versions 8.0 9.0
You bought this module and need support? Click here!
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • CRM (crm)
• MRP (mrp)
• Project (project)
• Purchase Management (purchase)
• Sales Management (sale)
• Discuss (mail)
• Accounting and Finance (account_accountant)
• Invoicing (account)
• Calendar (calendar)
• Inventory Management (stock)
• Employee Directory (hr)
• Leave Management (hr_holidays)
Technical Name contracting
Websitehttp://www.orchidinfosys.com
Versions 8.0 9.0

Job Costing - Contracting

Enquiry, Estimation, Material Issue, WIP, Labour Cost, Job Closing, Revenue & Cost Booking

Watch Tutorial

Configurations

  • Create Job Type
  • Create Cost Code
  • Create Stages for Tender
  • Accounts - CoA
  • WIP Account - Type Asset
  • Job Labour Cost Account - Type Provision
  • Advance / Un Recognized Income A/c - Type Provision
  • Project Revenue - Type Income
  • Project Expenses - Type Expenses
  • Raw Material
  • Product Master > Product Type = Stockable
  • Set Stock out account as WIP Account
  • Labour Cost Booking

  • Create Employees
  • Link User and Home address in Employee Master
  • Employee Time Sheet Product
  • Product Master > Product Type = Service
  • Set the product cost (overhead rate) and selling price (for estimation)
  • Set Job Labour Cost Account as revenue and expense account
  • Labour Cost to WIP [ Contracting > Job Costing > Labaour Cost ]
  • Total hours spent for the project from hr timesheet activities
  • Calculating overhead rate from the service product cost linked in employee master multiplied by the hours worked in each project.
  • Actual Amount is calculated from gross salary of the employee divided by total working hours for the month multiplied by the hours worked in each project.
  • In Validation WIP Account will be Debited and Provision account (Job Labour Cost Account) will be credited
  • If Actual rate is ticked Actual amount is posted otherwise overhead amount is posted in journal entries
  • Material Issue

  • Create Type Of Operation in Warehouse Material Issue
  • Source - WH/Stock
  • Destination - Partners Location/Customers
  • Create Stock Move - All operation > Material Issue
  • Select the Project /Analytic in stock Picking
  • Journal Entries - Account Move
  • Inventory will be Credited with Analytic Account
  • WIP Account will be Debited with Analytic Account
  • Asset Usage in Project

  • Create Assets
  • Create Asset Usage (Define Debit & Credit Accounts)
  • Enter Asset Timesheet with usage and Project details
  • Post Timesheet to Projects
  • Direct Project Expenses

    Journal Entries

  • In Journal Entries Using WIP account with Analytic account cost can be booked to projects
  • Through Supplier Invoice Using WIP sub contractor and other direct expenses can be booked
  • Project Invoice & Closing

    Using Customer invoice with analytic account Receivable can be booked and Advance / Un Recognised Income A/c will be credited instead directly booking to Profit & Loss Account

  • Select Analytic Account - Project
  • Select Invoiced / Advance Account
  • Select Project Income Account
  • Select WIP Account
  • Select Project Cost Account
  • Enable Provision (if need a provision for contingencies)
  • Provision Account
  • In validate journal entry will be created
  • Project Income Account Credit A Value
  • WIP Credit B Value
  • Provision account Credit C Value
  • Invoice / Advanced Account Debit A Value
  • Project Cost of Sales Debit B Value + C Value
  • Please log in to comment on this module

    • The author can leave a single reply to each comment.
    • This section is meant to ask simple questions or leave a rating. Every report of a problem experienced while using the module should be addressed to the author directly (refer to the following point).
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    • Ratings
    • Discuss
    There are no ratings yet!
    Cesar Chirinos
    by
    cesar
    on 8/28/18, 1:23 PM

    Hi, for odoo 11.0???


    i need support
    by
    Ashraf ALhilaly
    on 4/29/18, 4:11 PM Confirmed Purchase

    i can not import cost code please support me dr.alhilaly@gmail.com


    by
    Gunther Clauwaert
    on 12/4/17, 10:23 AM

    Are you planning an upgrade for v11? We need to demo something like your product by Dec19, can we have a trial? We are a serious Odoo partner and will never reuse trial code or sell it without consent of the developer.


    Required for Odoo10
    by
    Muhamamd Kamran
    on 10/27/17, 6:26 AM

    Hello, can you provide us this module for Odoo 10.? if yes then how much time it will take from your side. Please provide your email address so i can communicate directly. Thanks


    When we have 10.0 version?
    by
    tin
    on 10/14/17, 10:13 PM Confirmed Purchase

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