JOB COSTING Definition

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JOB COSTING, generally, it is the allocation of all time, material and expenses to an individual project or job; specifically, JOB COSTING is normally software based and provides for budgeting, forecasting, collecting and reporting on the expenditure and revenue associated with specific projects or jobs.

Learn new Accounting Terms

SUI is either State Unemployment Insurance (tax) or State Unemployment Income.

GROSS RECEIPTS is the total amount received prior to the deduction of any allowances, discounts, credits, etc.

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