Job Trading Account Report Report

The Job Trading Account report provides a financial position of the Job.

Criteria

Job

Select the Job which the report is generated for.

4. When complete, click Apply. The system generates the report, as follows:

The report shows the following information:

Report Information

Revised Budget	Estimated cost of the Job.
Less Total Invoices	Sum of the account balances.
Variance	Amount variance between the revised budget and less total invoices figures.
Estimated Profit	Job profit which is calculated as subtraction of the estimates cost from the contract cost of the Job.
Actual Profit to Date	Actual profit to the date. It is calculated as subtraction of total invoice balances and less total invoices from the total invoice amounts (with GST).
Original Contract	Contract amount of the Job (without GST).
PLUS Change Orders	Sum of Change Order amounts added to the Job.
Current Contract Price	Contract price which is calculated as sum of original contract and Change Order amounts.
LESS Draws Paid	Draw amount paid by the customer. It is calculated as subtraction of total invoice balances from the total invoice amounts.
Balance to Receive	The balance to be paid by the customer. It is calculated as subtraction of Less Draws paid amounts from the current contract price.

Updated on November 5, 2021