Download Chapter 6

Chapter 6:
Job Cost
Job Cost
Chapter 6 shows you how to use Peachtree’s
Job Cost System. Peachtree lets you assign
Job ID codes to purchases, sales, and
employee hours. This way, you can track how
each of these factors impacts costs for a
specific job.
Purchases
Sales
JOBS
Hours Worked
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Software Objectives, p. 189
Restore data from Exercise 5-2. (This back
up was made on p. 187.)
Learn about Peachtree’s Job Cost system.
Set up a job.
Coordinate job costs with purchases, sales,
and payroll.
Display a Job Profitability Report.
Make two backups: one blank, formatted
disk for Chapter 6; one blank, formatted
disk for Exercise 6-2.
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Web Objectives, p. 189
Use your Internet browser to go to the book’s
web site at www.mhhe.com/yacht2004
Complete the Internet activity for Business
Encyclopedia.
Complete the steps shown for this activity.
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Peachtree Tip
Jobs can be assigned to purchases of
inventory, sales to customers, and payroll.
The Exercise 6-2 backup file will be used in
Part 4, Chapters 15, 17, and 18. You should
not reformat this disk.
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Backing Up Chapter 6
Use one blank, formatted disk to back up Chapter 6 on
page 199. You will need another blank, formatted disk to
back up Exercise 6-2 on page 203. Remember do not
reformat the disk used to back up Exercise 6-2. You will
use this data again in Chapters 15, 17, and 18.
Disks
Backup Name
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A:\Chapter 6
13 of 14
A:\Exercise 6-2
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1,247 KB
Page
Nos.
199
1,2511 KB
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Chapter 6 Topics
1.
2.
3.
4.
5.
6.
7.
8.
Software & web objectives, p. 189
Getting started, pp. 190-192
Job Costing and Purchases: Purchasing
Inventory Items for Jobs, pp. 192-193
Job Costing and Sales, pp. 194-195
Job Cost and Payroll, pp. 195-197
Job Cost Reports, pp. 197-198
Backing up Chapter 6 Data, p. 199
Internet Activity, p. 199
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Chapter 6 Topics
9.
Summary and review, p. 200
a. Going to the net, p. 200
b. Short-answer questions, pp. 201-202
c. Exercise 6-1, p. 203
d. Exercise 6-2, p. 203
e. Chapter 6 index, p. 204
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Completed Maintain Jobs window, p. 191
Click on Maintain, then Jobs. Complete steps 4 – 8 on p. 191.
Save this job, then return to the menu bar.
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Completed Purchases/Receive Inventory
window, pp. 192-193
Click on Tasks, then Purchases/Receive Inventory. Complete steps
2 – 8 on pages 192-193. This screen is shown on p. 193.
Click on Save to post this purchase. Then, return to the menu bar.
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Completed Sales/Invoicing window, pp. 194-195
From the Tasks pull-down menu, select Sales/Invoicing.
Complete steps 2 – 8 on p. 195. This screen is shown on p. 195.
Click on Save to post this invoice. Then, return to the menu bar.
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Job Cost and Payroll, pp. 197
Click on Tasks, then Payroll Entry. Select Brandon A. Hughes as the
employee. Type 28 in the Date and Pay Period boxes. Select the
Jobs icon. After completing steps 2-9 on pp. 196-197, the Labor
Distribution to Jobs screen appears.
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Job Cost Reports, p. 198
From the Reports pull-down menu, select Jobs. In the Report List, click on
Job Profitability Report.
Click on on the Preview icon. At the Job Profitability Report Filter
window, click on OK. Scroll down the screen to Job ID
CUNNINGHAM-01.
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Partial Job Profitability Report, p. 198
Close the windows to return to the menu bar.
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Backing Up Chapter 6 Data, p. 199
Complete steps 1-9 on p. 199 to back up
your data.
The suggested file name is Chapter 6.
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Chapter 6, Internet Activity, p. 199
1
Go to the book’s web site at www.mhhe.com/yacht2004
2
3
4
In the Student Center list, link to Internet Activities.
5
Use the Business Encyclopedia web site to look up words related
to accounting.
6
Follow the steps on the book’s web site to complete this Internet
activity.
Link to WEB EXERCISES PART 1.
Scroll down the screen to BUSINESS ENCYCLOPEDIA –
Chapter 6. Read steps 1-3.
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Going to the Net, p. 200
Access the Sage Software web site at
www.sage.com. This takes you to The Sage
Group website.
1. Is the Sage Group the leading supplier of
accounting software around the world?
2. How many customers does The Sage
Group have worldwide?
3. How do you link to Peachtree Software from
the US Small Business link?
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