Job Costing (Contracting)

by
Odoo

379.23

v 8.0 v 9.0 Third Party 30
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies CRM (crm)
MRP (mrp)
Project Management (project)
Purchase Management (purchase)
Sales Management (sale)
Social Network (mail)
Calendar (calendar)
Employee Directory (hr)
Online Billing (account_voucher)
Warehouse Management (stock)
Leave Management (hr_holidays)
Technical Name contracting
LicenseSee License tab
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 Management (project)
Purchase Management (purchase)
Sales Management (sale)
Social Network (mail)
Calendar (calendar)
Employee Directory (hr)
Online Billing (account_voucher)
Warehouse Management (stock)
Leave Management (hr_holidays)
Technical Name contracting
LicenseSee License tab
Websitehttp://www.orchidinfosys.com
Versions 8.0 9.0

Job Costing - Contracting

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

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
  • Odoo Proprietary License v1.0
    
    This software and associated files (the "Software") may only be used (executed,
    modified, executed after modifications) if you have purchased a valid license
    from the authors, typically via Odoo Apps, or if you have received a written
    agreement from the authors of the Software (see the COPYRIGHT file).
    
    You may develop Odoo modules that use the Software as a library (typically
    by depending on it, importing it and using its resources), but without copying
    any source code or material from the Software. You may distribute those
    modules under the license of your choice, provided that this license is
    compatible with the terms of the Odoo Proprietary License (For example:
    LGPL, MIT, or proprietary licenses similar to this one).
    
    It is forbidden to publish, distribute, sublicense, or sell copies of the Software
    or modified copies of the Software.
    
    The above copyright notice and this permission notice must be included in all
    copies or substantial portions of the Software.
    
    THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
    IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
    FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
    IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM,
    DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE,
    ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER
    DEALINGS IN THE SOFTWARE.
    

    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).
    • If you want to start a discussion with the author or have a question related to your purchase, please use the support page.
    Outstanding Application
    by
    jamshid
    on 2/24/16, 5:08 AM

    Great App
    by
    Lithin T
    on 2/24/16, 4:53 AM

    Best Sellers
    by
    Fakrudeen Abbaz
    on 2/24/16, 4:52 AM Author

    Getting good reviews and no bug reported till date.


    by
    tin
    on 3/4/16, 8:12 AM Confirmed Purchase

    I don't see download link