QuoteIQ's Job Costing feature gives you real-time profitability tracking for every job. See exactly how much you're making (or losing) on each project as it happens — not days or weeks later when you're reviewing spreadsheets.

Available on: Pro ($149.99/mo), Elite ($299/mo), and Max ($699/mo) plans

How Job Costing Works

The formula is simple:

Total Price – Labor – Expenses = Profit

QuoteIQ calculates this automatically for every job by pulling together three data points:

Total Price — The amount the customer is paying for the job (from your estimate or invoice).
Labor Cost — Calculated automatically from Time Tracker Pro clock-in/clock-out data. When employees track their hours on a job, QuoteIQ uses their hourly rate to calculate total labor cost in real-time.
Expenses — Materials, supplies, fuel, subcontractor costs, or any other expense you log against the job.

The result is a real-time profit/loss number that updates as the job progresses.

What You See

For each job, Job Costing shows you:

Revenue — What the customer is paying
Labor cost — Total hours × hourly rate for everyone who worked the job
Expense cost — Materials and other costs logged against the job
Profit — Revenue minus all costs
Profit margin — Profit as a percentage of revenue

How Labor Cost is Calculated

Job Costing integrates with Time Tracker Pro (part of EmployeeHub on Elite and above). When employees clock in and out of specific jobs, their hours are automatically tracked and multiplied by their configured hourly rate. This means your labor costs are always accurate and always up-to-date — no manual entry required.

On Pro plans, you can manually log labor hours and costs if you're not using EmployeeHub's time tracking.

Why Job Costing Matters

Stop guessing — Most service business owners think they're making money on every job. Job Costing shows you the truth — some jobs that look profitable on the invoice are barely breaking even once you factor in labor and materials.
Price smarter — Once you see your actual costs per job type, you can adjust your pricing to protect your margins.
Spot problems fast — If a job's profit margin is dropping as work progresses, you'll see it in real-time instead of finding out after the invoice is paid.
Track trends — Compare profitability across job types, crew members, or time periods to find what's working and what isn't.

FAQs

Do I need to manually enter labor costs?

If you're on Elite or Max and using Time Tracker Pro (EmployeeHub), labor costs are calculated automatically from clock-in/clock-out data. On Pro, you can manually log hours and costs per job.

Can I track expenses per job?

Yes. Log materials, fuel, subcontractor costs, or any other expense against a specific job. These are subtracted from revenue to calculate your real profit.

Does Job Costing update in real-time?

Yes. As employees clock hours and expenses are logged, the profit calculation updates automatically. You can check profitability while the job is still in progress.