Chapter 6: Job Cost.

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Presentation transcript:

Chapter 6: Job Cost

Job Cost Chapter 6 shows you how to use Peachtree’s Job Cost System. Peachtree 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 ©The McGraw-Hill Companies, Inc.

Software Objectives, p. 183 Restore data from Exercise 5-2. Learn about PCA's Job Cost system. Set up a job. Coordinate job costs with purchases, sales, and payroll. Display a Job Profitability Report. Make two backups: Backup Chapter 6 data; and backup Exercise 6-2. ©The McGraw-Hill Companies, Inc.

Web Objectives, p. 183 Use your Internet browser to go to the book’s web site at www.mhhe.com/yacht2006. Complete the Internet activity for Business Encyclopedia. Complete the steps shown for this activity. ©The McGraw-Hill Companies, Inc.

Peachtree Tip Jobs can be assigned to purchases of inventory, sales to customers, and payroll. ©The McGraw-Hill Companies, Inc.

Backing Up Chapter 6 Backup Name KB Page Nos. Chapter 6 2,616 KB 192 In Chapter 6, you make two backups. The Chapter 6.ptb backup is made on page 192 and the Exercise 6-2.ptb backup is made on page 196. Refer to the chart shown on page 2 in the textbook Backup Name KB Page Nos. Chapter 6 2,616 KB 192 Exercise 6-2 2,621 KB 196 ©The McGraw-Hill Companies, Inc.

Chapter 6 Topics Software & web objectives, p. 183 Getting started, pp. 184-185 Job Costing and Purchases: Purchasing Inventory Items for Jobs, pp. 186-187 Job Costing and Sales, pp. 188-189 Job Cost and Payroll, pp. 190-191 Job Cost Reports, p. 191 Backing up Chapter 6 Data, p. 192 Internet Activity, p. 192 ©The McGraw-Hill Companies, Inc.

Chapter 6 Topics Summary and review, p. 193 a. Going to the net, p. 193 b. Short-answer questions, pp. 194-195 c. Exercise 6-1, p. 196 d. Exercise 6-2, p. 196 e. Chapter 6 index, p. 197 ©The McGraw-Hill Companies, Inc.

Completed Maintain Jobs window, p. 185 Click on Maintain, then Jobs. Complete steps 4 – 8 on p. 185. Save this job, then return to the menu bar. ©The McGraw-Hill Companies, Inc.

Completed Purchases/Receive Inventory window, pp. 186-187 Click on Tasks, then Purchases/Receive Inventory. Complete steps 2 – 8 on pages 186-187. This window is shown on p. 187 Click on Save to post this purchase. Then, return to the menu bar. ©The McGraw-Hill Companies, Inc.

Completed Sales/Invoicing window, pp. 188-189 From the Tasks pull-down menu, select Sales/Invoicing. Complete steps 2 – 8 on p. 188. This window is shown on p. 189. Click on Save to post this invoice. Then, return to the menu bar. ©The McGraw-Hill Companies, Inc.

Job Cost and Payroll, pp. 190-191 Click on Tasks, then Payroll Entry. Select Brandon A. Hugley as the employee. Type 29 in the Date and Pay Period boxes. Select the Jobs icon. After completing steps 2-9 on pp. 190-191, the Labor Distribution to Jobs window appears. This window appears on p. 190. ©The McGraw-Hill Companies, Inc.

Job Cost Reports, p. 191 From the Reports pull-down menu, select Jobs. In the Report List, click on Job Profitability Report.. Click on on the Preview icon. At the Job Profitability Report Filter window, click on OK. Scroll down to Job ID FRANKLIN. ©The McGraw-Hill Companies, Inc.

Partial Job Profitability Report, p. 191 Close the windows to return to the menu bar. ©The McGraw-Hill Companies, Inc.

Backing Up Chapter 6 Data, p. 192 Complete steps 1-6 on p. 192 to back up your data. The suggested file name is Chapter 6. ©The McGraw-Hill Companies, Inc.

Chapter 6, Internet Activity, p. 191 Go to the book’s web site at www.mhhe.com/yacht2006 2 Link to Student Edition. 3 In the Course-wide Content list, link to Internet Activities. 4 Link to Part 1 Internet Activities. Open or save this page. 5 Scroll down the window to ENCYCLOPEDIA OF BUSINESS CASE TERMS – Chapter 6. Read steps 1-3. 6 Use the Business Encyclopedia website to look up words related to accounting. 7 Follow the steps on the book’s web site to complete this Internet activity. ©The McGraw-Hill Companies, Inc.

Going to the Net, p. 193 Access the Sage website at www.sage.com. Select your location; for example, select United States. Click Go. (Or, select your location.) List the products that Sage Software offers to the North American market. (You can modify this answer with your location, if different than the US.) In North America, what two markets represent Sage’s focus? In the US Small Business Division, what accounting and contact management software does Sage sell? ©The McGraw-Hill Companies, Inc.