Job-Costing & Project Profitability
Clear, accurate insights into where your money is going — and which jobs are actually making you money.
What This Service Is
Job-costing is the backbone of a profitable construction business. We track labor, materials, subcontractors, equipment, and overhead so you know the true cost of every project — not just what’s in the bank.
With accurate, real-time job data, you’ll finally be able to see:
Which projects are profitable
Which ones are losing money
Where costs are creeping in
How to bid more confidently
How your team’s labor is impacting the bottom line
No more guessing. No more surprises. Just clear numbers that guide better decisions.
Why Construction Businesses Need It
Margins in construction disappear fast — especially when expenses overlap, labor runs long, or materials spike unexpectedly.
Job-costing helps you:
Stop underbidding your work
Catch issues before they become expensive
Know the exact profit on every job
Price smarter for future projects
Understand how labor, materials, and overhead impact your bottom line
It’s the difference between hoping a job is profitable — and knowing for sure.
What Compass Does Differently
Construction job-costing isn’t something “any bookkeeper” can do. It requires precision, clean systems, and a deep understanding of how contractors operate.
With Compass, you get:
A job-costing process built specifically for construction workflows
Accurate tracking of labor, materials, subs, equipment, and overhead
Cost-to-complete visibility so you see where each job really stands
Monthly profitability insights you can actually use (no fluff, no jargon)
A proactive team that watches for errors, red flags, and missing details
We make sure every job tells a clear story — so you can take action with confidence.
What’s Included
Job setup & cost-code structure based on your workflow
Labor tracking (via payroll reports or timekeeping tools)
Material & subcontractor cost tracking
Cost-to-complete updates
Progress profitability reporting
Over/under-billing insights (if applicable)
Monthly job profitability summaries
Ongoing support for questions and strategy
(For businesses needing full financial management, job-costing works seamlessly alongside our day-to-day bookkeeping and payroll services.)
How to Get Started
Every job-costing client begins the same way — with a Deep Dive Review, where we review how your books are currently structured and what needs to be corrected before job-costing can run smoothly.
Ready for accurate, reliable job-costing?
Start with a Deep Dive Review.