Chapter 6:
Job Cost
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Job Cost
Chapter 6 shows you how to use the Job Cost
System. Sage 50 lets you assign Job ID codes
to purchases, sales, and employee hours. This
way, you can track how each of these factors
impacts costs for a specific job.
Purchases
Sales
JOBS
Hours Worked
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Sage 50 Tip
Jobs can be assigned to purchases of inventory,
sales to customers, and payroll.
The diagram below shows how Sage 50
organizes job costing.
1) Setup
2) Tasks
3) Reporting
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Backing Up Chapter 6
In Chapter 6, you make two backups, save one Excel file, and save
one PDF file. The Exercise 6-2.ptb backup file is used for work in
Part 4, Chapters 16-18. Do not delete the Exercise 6-2.ptb file.
Backup Name
Excel Report
KB
Page Nos.
Chapter 6.ptb
3,631 KB
200
Exercise 6-2.ptb
3,644 KB
202
Exercise 6-2_Job Profitability
Report.xlsx
16 KB
202
Exercise 6-2_Job Profitability
Report.pdf
67 KB
202
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Job Costing and Purchasing
 When purchasing inventory items for jobs, the Purchases/Receive Inventory
window is used.
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Job Costing and Sales
 The Sales/Invoicing window is used to record inventory sold and to select the
appropriate job.
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Chapter 6:
Glossary of Terms
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Job Costing
Sage 50’s job costing feature allows you to track the costs incurred while
performing a job. To use job costing, identify the project for which you want
to track expenses and income and then determine how much detail is
needed.
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Online Learning Center
 Go online to www.mhhe.com/yacht2015 for additional
resources. Link to Student Edition, select Chapter 6.
o Interactive Testing
o Glossary of Terms
Appendix C: Review of Acctg.
Appendix D: Glossary of Terms
o Feature Quizzes
o Narrated PowerPoints
o Assessment Rubrics
o Going to the Net
o QA Templates
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Going to the Net
Access the Sage website at http://na.sage.com/us/sage-50-
accounting. Answer these questions.
1. What Sage 50 products are shown?
2. Briefly describe the features of Pro, Premium, and Quantum.
3. What does Sage 50 Quantum Accounting include that Pro and
Premium does not?
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Analysis Question
Explain the interrelationships of jobs,
purchases, sales and payroll.
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Assessment Rubric
Date
Transaction
3/26
Sold two Bell-Grow Impulse
Sprinklers (EQWT-15160)
to Franklin Botanical
Gardens, $64.18 (includes
sales tax); terms 2% 10,
Net 30 days; Job ID
Franklin Botanical Gardens.
3/26
Invoice No. AD967 was
received from Adler's
Landscaping for the
purchase of special wood
treatment, $85; terms 2%
10, Net 30 Days. Apply this
purchase to the Franklin
Botanical Gardens jobs.
3/29
Amanda W. Chester
worked one hour on the
Franklin Botanical Gardens
job. Apply her paycheck to
this job.
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Window
Journal
Dr./Cr.
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