Bill of Material & Job Costing
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There are two types of bills: one for jobs and the other for parts. The Job Bill's parent number is not found in the Item master file whereas the Part Bill's parent number is in the Item master file. An item on either Bill can itself be a Part Bill.
Individual items on a bill can be phantom items: items in which inventory is to be relieved even though this item belongs with another item. In addition to a listing of the Bills of Material on file, costed Bills of Material can be printed at any time.
The Job Costing system reports records which were coded to a job when keyed into Accounts Payable, Inventory/Invoicing and Payroll. This enables you to keep track of costs on jobs.