- Posted by skuhn
The Best Way to Track Job Expenses in Commercial Construction is with Job Costing
The best way to track job expenses in commercial construction is with job costing, a system of accounting where you break down the specific labor and materials required for the job. It is also necessary to add an additional fee to cover your overhead costs.
Ways to track costs
There are two ways that construction projects are priced: process costing and job costing.