Definition

job cost accounting

Part of the Project management glossary:

Job cost accounting is the process of assigning the costs you incur to a specific job you or your business is involved with. This term is widely used in the construction industry and it refers to allocating costs to individual construction projects at a company. With the proper system to do job cost accounting the end result is the ability to accurately report on your profitability per project.

This was last updated in February 2008
Posted by: Margaret Rouse

Related Terms

Definitions

  • interruption science

    - Interruption science is the study of how disruptions from current tasks affect employees on the job. As part of the larger field of workplace psychology, the study explores the impact of interrupti... (WhatIs.com)

  • goldbricking

    - Goldbricking is wasting time on the job. In an office environment, employees typically waste time on the Internet, a variation of goldbricking known as cyberslacking. The term originates from a phr... (WhatIs.com)

  • rule of thumb

    - A rule of thumb is a principle that is intended to provide general guidance rather than precise direction. The term originally referred to a rough physical measurement, but it has evolved to apply ... (WhatIs.com)

Glossaries

  • Project management

    - Terms related to project management, including definitions about project management methodologies and tools.

  • Internet applications

    - This WhatIs.com glossary contains terms related to Internet applications, including definitions about Software as a Service (SaaS) delivery models and words and phrases about web sites, e-commerce ...

Tech TalkComment

Share
Comments

    Results

    Contribute to the conversation

    All fields are required. Comments will appear at the bottom of the article.