Creating a Time and Material Job

A T&M job differs from a contract job since it does not contain budgeted costs or revenue. The customer is billed based on the materials used and the amount of labor required for the job.

Job Billings ERP Support Training

Entering a T&M job into EBMS is similar to entering a contractual job except the Time and Material option should be selected within the new job wizard. See example below.

Create stages within a T&M job in the same manner as a contract job. No quotes or change orders are needed since the job is billed on a T&M basis.

Job expenses within a T&M job are entered in the same way as a contract or progress-billing job. Review Job Costs > Allocating Costs from a Purchase Order or Expense Invoice for details.

Stock inventory should be transferred using the Job Costing > Inventory Transfer window to a job as materials are used. The T&M job code should be entered within all POs and timecards. These expenses can be analyzed for billing purposes while the job is in process or at the time the job is completed. Review next section for details on billing a T&M job.