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 — log your labor hours and material costs against the job, and Job Costing calculates your profit instantly.
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
Job Costing pulls together three data points:
Total Price — The amount the customer is paying for the job (from your estimate or invoice).
Labor Cost — Manually entered in Job Reporting. Add the labor hours and labor cost for the job, and Job Costing factors them into your profit margin. (Time Tracker Pro hours do not auto-populate this field — even on Elite and Max.)
Expenses — Materials, supplies, fuel, subcontractor costs, or any other expense you log against the job.
Once labor and expenses are entered, Job Costing shows your real-time profit and profit margin for that job.
What You See
For each job, Job Costing shows you:
Revenue — What the customer is paying
Labor cost — What you entered for that job's labor
Expense cost — Materials and other costs logged against the job
Profit — Revenue minus all costs
Profit margin — Profit as a percentage of revenue
How to Enter Labor Cost
Heads up: Time Tracker Pro and Job Reporting are separate systems. Time Tracker Pro records employee hours for payroll and visibility, but those hours do not automatically populate Job Costing's labor field. Labor must be entered manually in Job Reporting on every plan, including Elite and Max.
To factor labor into a job's profit margin, open the job in Job Reporting and enter the labor hours and labor cost manually. If you're using Time Tracker Pro, you can reference the recorded hours from there as your source of truth — but the actual entry into Job Reporting is a manual step.
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 — Enter labor and expenses as the job progresses to see margin shifts 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
Does Time Tracker Pro automatically calculate labor cost in Job Costing?
Does Time Tracker Pro automatically calculate labor cost in Job Costing?
No. Time Tracker Pro records clock-in/clock-out hours for payroll and team visibility, but those hours do not automatically flow into Job Costing's labor field. Labor cost must be entered manually in Job Reporting on every plan, including Elite and Max.
How do I add labor cost to a job?
How do I add labor cost to a job?
Open the job in Job Reporting and enter the labor hours and labor cost manually. Once entered, Job Costing factors them into the profit margin for that job.
Can I track expenses 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?
Does Job Costing update in real-time?
Yes — as soon as labor and expenses are entered. The profit calculation updates immediately when you save new entries, so you can check profitability while the job is still in progress.
Which plans include Job Costing?
Which plans include Job Costing?
Job Costing is available on Pro ($149.99/mo), Elite ($299/mo), and Max ($699/mo) plans.