ActualCost — Know your real price

Construction job costing

See the real financial position of every job.

ActualCost connects the estimate, the work performed, outside costs and billings to the project and job where they belong.

From estimate to real profit

An estimate is the starting plan, not the final result. Quantities change, labour takes a different amount of time, subcontractors replace internal workers and billing happens in stages. ActualCost keeps the original estimate visible while actual costs and billed amounts accumulate.

Real profit = total billed − total actual cost

Total actual cost combines recorded labour, materials and subcontractors. If no billing has been recorded, ActualCost does not present an invented profit result.

Review the detail without losing the overview

Project overview

Compare total estimated, total actual cost, total billed and real profit across projects.

Job-level control

Trace each result back to the specific piece of work that created it.

Budget left

Monitor remaining labour, material and subcontractor allowances, with optional red and green signals.

Flexible views

Show, hide and arrange the columns that matter to each company’s workflow.

Designed for active construction work

ActualCost is intended to answer a practical question while a project is still moving: which job needs attention now? It makes completed and untouched jobs distinguishable from work that is already accumulating expenses.

A worked example

Take a demo apartment renovation estimated at 28 000 €. Five weeks in, the team has logged 484 hours, materials have been bought, two subcontractors have been paid and two acts have been billed.

Amount
Estimated (labour + materials + subcontractors)28 000,00 €
Billed so far23 250,00 €
Actual cost so far20 902,00 €
Real profit so far+2 348,00 €

The project as a whole looks healthy. The job list tells the more useful story: Wall plastering was estimated at 4 800 € of labour but has already used 5 924 € — 1 124 € over, and the work is not finished. Bathroom tiling and painting are within their budgets. Without job-level costs, that overrun would stay hidden inside a profitable project total until the final account.

ActualCost cost report for a demo renovation project showing labour, subcontractor and material cost, hours, billed amount and profit
Cost report for one project: costs by type, hours, billed amount and profit, with every entry listed below. Demo data. Open full size.

How job costing works in ActualCost

  1. Set up the jobs from your estimate. Each job gets a labour, material and subcontractor budget. Related jobs can be grouped (for example “Finishing works”), and jobs can be merged or ungrouped later.
  2. Record costs against jobs as they happen. Daily labour hours, material invoices and subcontractor invoices are each attached to a project and a job.
  3. Record billing. Acts or invoices are entered with amounts per job, so billed value sits next to cost.
  4. Review and act. The Jobs view shows budget left and the result for every job. Reports filter by period, project, job and cost type and export to Excel, CSV or PDF.

New: estimates in ActualCost (early access) — build the estimate from jobs and rows with norms and your own additions. Turning an approved estimate into a project with its job budgets is coming next.

Frequently asked questions

What is job costing in construction?

Job costing means tracking the real cost of each piece of work — labour, materials and subcontractors — and comparing it with that work’s estimate and billed value while the project is still running. It shows which jobs make money and which lose it. Read more in What is construction job costing?

How is ActualCost different from accounting software?

Accounting software records invoices, payments and taxes for the whole company. ActualCost attaches each cost to a project and a job and compares it with the estimate and with what has been billed. It works alongside your accounting; it does not replace it.

Do I need a detailed estimate before I start?

No. You can start with a few jobs per project and add or split them later. Extra work that was not in the estimate can be added as a new job while hours are being recorded, so it is tracked from the first day.

When does ActualCost show real profit?

Real profit appears once billing is recorded for the project or job: total billed minus total actual cost. Before any billing exists, ActualCost shows budget left instead of an invented profit figure.

Can I export the figures?

Yes. Cost and billing reports can be filtered by period, project, job and cost type, and exported to Excel or CSV or printed as a PDF.

Know before a job goes wrong.

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