Management Accounts and Job Costing Systems - How Much Detail Do You Need?

Having an integrated job costing system, where all kinds of analysis regarding revenue and cost centres, income streams etc. can easily be extracted from the project management module, raises the question of how much of this information needs to be accessible in the format of the management account reports. This article looks at the pros and cons of mirroring all that information on the GL level or keeping the GL in a simpler format and getting the details from the job costing side. Continue ...